Brief: DAEWOO SECURITIES to merge with MIRAE ASSET SECURITIES

Mirae Asset Securities

13/05/2016 09:14

May 13 (Reuters) - DAEWOO SECURITIES CO.,LTD   006800.KS  
and MIRAE ASSET SECURITIES CO.,LTD  037620.KS  : 
     
    * Says it will merge with MIRAE ASSET SECURITIES CO.,LTD 
 037620.KS , to improve operating efficency and create synergy 
    * Says merger ratio of 1:2.9716317 between company and MIRAE 
ASSET SECURITIES 
    * 339,615,517 new shares will be issued for the merger 
    * Expects merger effective date of Nov. 1 and registered 
date of Nov. 2 
    * Company will survive and MIRAE ASSET SECURITIES will be 
dissolved after the merger 
     
     
      
    Source text in Korean: http://goo.gl/CkcLMw; 
http://goo.gl/h8MHfs 
    Further company coverage: 006800.KS  037620.KS      
 
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Reuters Messaging: lusha.zhang.reuters.com@reuters.net)) 
 
Keywords: DAEWOO SEC/BRIEF