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226340 Bonne Co News Story

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Consumer DefensivesHighly SpeculativeMicro CapValue Trap

Brief: HMCIB No.3 Special Purpose Acquisition to merge with Bonne

May 25 (Reuters) - HMCIB No.3 Special Purpose Acquisition Co
 226340.KQ  :
    * Says it plans to issue 25,040,195 shares of the company to
merge
with cosmetics manufacturing firm Bonne CO., Ltd
    * Merger ratio is 1 : 7.72202025 between the company and the
unit
    * The company will survive and the unit will be dissolved
after
merger
    * Expected merger effective date is Oct. 2


    Source text in Korean : https://goo.gl/SuKCeJ
    Further company coverage:  226340.KQ 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: hedy.cui.reuters.com@reuters.net))

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