Brief: Savezone I&C to merge with real estate unit

Savezone I&C

11/11/2016 08:55

Nov 11 (Reuters) - Savezone I&C Corp  067830.KS  : 
 
    * Says it will merge with its wholly owned unit, a real 
estate firm, for unification and management efficiency as well 
as shareholder value improvement 
    * Says merger ratio is 1:0 between the company and the unit 
    * Says Savezone I&C Corp will survive and the unit will be 
dissolved after the merger 
    * Merger effective date is Jan. 17, 2017 and expected 
registered date is Jan. 20, 2017 
     
     
    Source text in Korean: https://goo.gl/IHR8Dy 
    Further company coverage:  067830.KS  
 
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