Brief: HLB Power to merge with battery system firm

TS Nexgen

29/06/2017 05:33

June 29 (Reuters) - HLB Power Co Ltd  043220.KQ  : 
     
    * Says it plans to issue 433,881 new shares of the company 
to merge with a battery system company with merger ratio of 1 : 
8.99833717  
    * Merger effective date is Sep. 1  
     
    Source text in Korean: https://goo.gl/MWyZBM 
    Further company coverage:  043220.KQ  
 
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