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4 months ago
BRIEF-IBKS GMB Special Purpose Acquisition to merge with Sewha P&C
April 21, 2017 / 8:04 AM / 4 months ago

BRIEF-IBKS GMB Special Purpose Acquisition to merge with Sewha P&C

April 21 (Reuters) - IBKS GMB Special Purpose Acquisition Company :

* Says it will merge with Sewha P&C Inc and 13.7 million new shares will be issued for the merger

* Says merge ratio is 1 : 3.6255000 between the company and Sewha P&C

* Says merger effective date is Sept. 5

Source text in Korean: goo.gl/hphULe

Further company coverage: (Beijing Headline News)

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