Brief: Neungyule Education to merge with Educhallenge

NE Neungyule

17/08/2017 06:46

Aug 17 (Reuters) - Neungyule Education Inc  053290.KQ  : 
     
    * Says it plans to issue 1,948,342 new shares of the company 
to merge with Educhallenge Co,. Ltd, a printing firm 
    * Says merger ratio is 1 : 3.2472382 between the co and 
Educhallenge Co,. Ltd 
    * The company will survive and Educhallenge Co,. Ltd will be 
dissolved after merger 
    * Expected merger effective date is Nov. 1  
     
     
    Source text in Korean: https://goo.gl/fXYiKg 
    Further company coverage:  053290.KQ  
 
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