[Asia Economy Reporter Han Jinju] AK Holdings announced on the 9th that its subsidiary, AK S&D, will absorb and merge with Mapo Aekyung Town. The surviving company after the merger will be AK S&D. The merger ratio is 1 to 1.1695402, AK S&D to Mapo Aekyung Town.



The company stated that the merger was decided to improve management efficiency and strengthen business competitiveness.


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