February 20, 2017 / 3:25 AM / 5 months ago

BRIEF-Its skin to merge with Hanbul Cosmetics

1 Min Read

Feb 20 (Reuters) - Its skin Co Ltd :

* Says it will issue 4.5 million shares of the company to merge with Hanbul Cosmetics Co.,Ltd

* Merger ratio is 1 : 8.1186341 between the company and Hanbul Cosmetics Co.,Ltd

* Says the company will survive and Hanbul Cosmetics Co.,Ltd will be dissolved and the company will change its name to Its Hanbul after the merger

* Merger effective date is May 1

Source text in Korean: goo.gl/JpRcZF

Further company coverage: (Beijing Headline News)

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