Brief: HS R & A unit HS T&C to merge with HS CLIMATE CONTROL INDUSTRIES

Hwaseung Co

10/05/2016 07:34

May 10 (Reuters) - HS R & A CO.,LTD  013520.KS  : 
       
    * Says its unit, HS T&C Co. to merge with HS CLIMATE CONTROL 
INDUSTRIES CO., LTD., which is engaged in the provision of auto 
parts 
    * Says merger ratio of 1:0.0883189788 between the unit and 
HS CLIMATE CONTROL INDUSTRIES  
    * 88,318 new shares will be issued for the merger 
    * Expects merger effective date of June 30 and registered 
date of July 14 
    * The HS T&C will survive and HS CLIMATE CONTROL INDUSTRIES  
will be dissolved after the merger 
     
     
    Source text in Korean: http://goo.gl/K7vZ17 
    Further company coverage: 013520.KS  
 
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Keywords: HS R&A/BRIEF