Brief: ORION to merge with wholly owned subsidiary SPORTSTOTO ONLINE

ORION Holdings

22/08/2016 07:41

Aug 22 (Reuters) - ORION Corp.   001800.KS : 
     
    * Says it will merge with a wholly owned subsidiary, 
SPORTSTOTO ONLINE Co.,Ltd, which is engaged in information and 
internet service business, to improve operating efficiency and 
create synergy 
    * Merger effective date of Oct. 24 and registered date of 
Oct. 25  
    * The company will survive and the subsidiary will be 
dissolved after the merger 
     
      
    Source text in Korean: http://goo.gl/ltt0tL 
    Further company coverage: 001800.KS  
 
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