[Asia Economy Reporter Moon Hyewon] Hyundai Feed announced on the 11th that it will absorb and merge LSL CNC, which focuses on management consulting and new drug development.


The purpose of the merger is to strengthen business and improve management efficiency through the merger.


The merger contract date is the 14th, and the record date for shareholders is the 27th.



Hyundai Feed stated, "Since this merger is a capital-free merger without issuing new shares, there will be no change in the capital of the surviving company after the merger."


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