Brief: CAPE-ES Special Purpose Acquisition to merge with Chemtros
April 10 (Reuters) - CAPE ES Special Purpose Acquisition Co
Ltd 220260.KQ :
* Says it will issue 20.5 million shares to merge with
Chemtros, a pharma company
* Merger ratio is 1 : 4.7050021 between the company and
Chemtros
* The co will survive and Chemtros will be dissolved after
merger
* Merger effective date is Sep. 1
Source text in Korean: https://goo.gl/bmE46E
Further company coverage: 220260.KQ
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: hedy.cui.reuters.com@reuters.net))
Recent news on Chemtros
See all newsChina Vanke has no plans to extend bonds amid market slump, REDD reports (updated)
China's Ping An falls further, mainland developers drop in volatile trade
Brief: Chemtros Co To Invest 15 Billion Won In New Factory Construction
Country Garden leads rally in property groups as China opens up funding avenues
Brief: Chemtros says conversion of 1st series convertible bonds into shares