Samkwang Glass to merge with ITEC Construction and Kunjang Energy

Samkwang Glass announced a merger with ITEC Construction and Kunjang Energy to form a comprehensive energy company. The merger ratio is 1:2.57:1.71 per share. The extraordinary general meeting is set for September 29, 2020, with the merger expected to be completed by the end of October 2020.

“삼광글라스는 종합에너지기업으로 탈바꿈하게 된다.”etoday.co.kr

• 1 source
• etoday.co.kr삼광글라스, 이테크건설 등 3사 합병법인 ‘종합에너지기업’으로 출범 계획 - 이투데이Aug 13, 2020

Summarized from public sources; check the original articles before acting on it.