FanStar Enterprise Decides to Absorb and Merge FanStar Tree Business Division
[Asia Economy Reporter Lee Seon-ae] Panstar Enterprise announced on the 18th that it has decided to absorb and merge the cargo transportation and transportation equipment rental division of its affiliate company Panstartree. The merger will be conducted as a small-scale merger, with a merger ratio of 1 to 84.3421631 respectively. The company explained that it is "to increase management efficiency and create synergy effects." The merger contract date is the 23rd, and the merger effective date is August 24.
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