[Asia Economy Reporter Lee Seon-ae] Dow Data announced on the 26th that it has decided to absorb and merge Nice Tax Refund for efficient management.



The merger ratio between Dow Data and Nice Tax Refund is 1 to 0. The merger date is set for September 30. Nice Tax Refund is a subsidiary wholly owned by Dow Data with 100% equity. No new shares will be issued for the merger.


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