May 17, 2017 / 10:36 AM / in 2 months

BRIEF-Dongwon Systems to merge with Hanjin P&C

1 Min Read

May 17 (Reuters) - Dongwon Systems Corp :

* Says it will merge with Hanjin P&C Co Ltd and 1.5 million new shares will be issued for the merger

* Says merge ratio is 1 : 0.0422164 between the company and Hanjin P&C

* Says merger effective date is Sept. 1

Source text in Korean: goo.gl/87FCZW

Further company coverage: (Beijing Headline News)

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