Simtek Holdings Decides to Absorb Seongjinsa and Senior Partners Through Merger
[Asia Economy Reporter Minwoo Lee] Simtek Holdings announced on the 4th that it will absorb and merge its wholly owned subsidiaries Sungjinsa and Senior Partners. This is a non-capital increase absorption merger without issuing new shares.
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Simtek Holdings explained, "The merger was conducted to diversify business and enhance management efficiency by merging with subsidiaries other than printed circuit board (PCB) manufacturing and sales."
This content was produced with the assistance of AI translation services.
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