Brief: UIM Entertainment to merge with Samkwang Power System

TS Nexgen

25/10/2016 10:31

Oct 25 (Reuters) - UIM Entertainment Co Ltd  043220.KQ  : 
     
    * Says it will merge with its wholly owned subsidiary 
Samkwang Power System Corp, for sales structure diversification 
and profit structure expansion  
    * Says merger ratio is 1:0 between the company and its 
subsidiary  
    * Merger effective date is Jan. 1, 2017 and expected date of 
registration is Jan. 2, 2017 
     
    Source text in Korean: https://goo.gl/oAZgjE 
    Further company coverage:  043220.KQ  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: hedy.cui.reuters.com@reuters.net))