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  • Shinhan SPAC No. 2 to merge with Dream Security
    Shinhan SPAC No. 2 to merge with Dream Security
    Shinhan Special Purpose Acquisition No. 2 (203650) announced on Aug. 30 that has acquired an unlisted software developer, Dream Security, and will merge at the ratio 1:9.32.The company has also named Beom Jin-kyu, the largest shareholder with 50 percent stake, as the new CEO. The due date for the merger is Jan.31, 2017. By Yun Jeong-hyeon (clareyun@heraldcorp.com)
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Shinhan SPAC No. 2 to merge with Dream Security

Aug. 30, 2016 - 10:50 By 윤정현
[DISCLOSURE] Shinhan Special Purpose Acquisition No. 2 (203650) announced on Aug. 30 that has acquired an unlisted software developer, Dream Security, and will merge at the ratio 1:9.32.

The company has also named Beom Jin-kyu, the largest shareholder with 50 percent stake, as the new CEO. The due date for the merger is Jan.31, 2017. 

By Yun Jeong-hyeon (clareyun@heraldcorp.com)
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