KeyEast Japan Subsidiary Structural Reorganization
[Asia Economy Reporter Minwoo Lee] KeyEast announced on the 1st that its Japanese subsidiary Stream Media Corporation will absorb SMEJ at a ratio of 1 to 90. SMEJ is an entertainment agency established by Stream Media through a spin-off last April. It manages celebrities, plans and produces albums, and distributes them. The merger date is August 1, and the scheduled date for merger registration is the 14th of the same month.
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