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  • Shinsung Solar Energy absorbs two affiliates
    Shinsung Solar Energy absorbs two affiliates
    Shinsung Solar Energy (011930) announced on Sept. 28 that it will merge with its affiliates Shinsung ENG (104110) and Shinsung FA (104120) at the ratio of 1: 1.9369683 and 1:1.9733179, respectively.The merger will improve financial structure, diversify businesses and promote efficiency. The company will nurture solar energy business for private consumption as its new growth momentum, it added.By Hwang You-mee (glama...
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Shinsung Solar Energy absorbs two affiliates

Sept. 28, 2016 - 18:15 By 황유미
[DISCLOSURE] Shinsung Solar Energy (011930) announced on Sept. 28 that it will merge with its affiliates Shinsung ENG (104110) and Shinsung FA (104120) at the ratio of 1: 1.9369683 and 1:1.9733179, respectively.

The merger will improve financial structure, diversify businesses and promote efficiency. The company will nurture solar energy business for private consumption as its new growth momentum, it added.

By Hwang You-mee (glamazon@heraldcorp.com)
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