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Mercuries & Associates to transfer to holding company structure


Wednesday, 30 Apr 2014 03:41am EDT 

Mercuries & Associates Ltd:To transfer all of its businesses excluding investment business to a new subsidiary which will be newly set up and wholly owned by the company.To transfer to holding company structure and change company name after this.Expected reorganization effective Jan. 1, 2015.New subsidiary to issue 100,000,000 shares to the company in exchange of assets worth around T$1,000,000,000 with the company. 

Company Quote

20.05
0.25 +1.26%
28 Jul 2014