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3 months ago
BRIEF-KTB Special Purpose Acquisition Company 1 to merge with Korea Jewery 3M Gold
April 14, 2017 / 1:39 AM / 3 months ago

BRIEF-KTB Special Purpose Acquisition Company 1 to merge with Korea Jewery 3M Gold

1 Min Read

April 14 (Reuters) - KTB Special Purpose Acquisition Company 1 Co Ltd :

* Says it will issue 49.0 million shares of the company to merge with Korea Jewery 3M Gold, a precious metals firm

* The company will survive and Korea Jewery 3M Gold will be dissolved after merger

* Says merger ratio is 1 : 4,540.9365000 between the company and Korea Jewery 3M Gold

* Merger effective date is Sep. 5

Source text in Korean: goo.gl/2GlYvN

Further company coverage: (Beijing Headline News)

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