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  • Solomon TS to be merged into Tongyang C&E
    Solomon TS to be merged into Tongyang C&E
    Tongyang Cement and Energy (038500) announced on Aug. 25 that it plans to absorb its wholly owned subsidiary, Solomon TS through a 1:0 stock swap. The companies will merge on Nov. 11 and Tongyang C&T will own 100 percent stake in Solomon TS. By Jung Min-kyung (mkj1105@heraldcorp.com)
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Solomon TS to be merged into Tongyang C&E

Aug. 25, 2016 - 14:39 By KH디지털2
[DISCLOSURE] Tongyang Cement and Energy (038500) announced on Aug. 25 that it plans to absorb its wholly owned subsidiary, Solomon TS through a 1:0 stock swap. 

The companies will merge on Nov. 11 and Tongyang C&T will own 100 percent stake in Solomon TS.

By Jung Min-kyung (mkj1105@heraldcorp.com)
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