July 10, 2017 / 3:06 AM / 2 months ago

BRIEF-SG Choongbang to merge with Shin Dong

July 10 (Reuters) - SG Choongbang Co Ltd :

* Says it plans to issue 3,216,673 shares of the company to merge with Shin Dong Co.,Ltd, a automobile parts maker

* Says merger ratio is 1 : 321.6673374 between the co and Shin Dong

* Merger effective date is Sep. 18

Source text in Korean: goo.gl/jn7s9W

Further company coverage: (Beijing Headline News)

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