by Oh Jooyean
Published 24 Apr.2020 14:50(KST)
[Asia Economy Reporter Oh Ju-yeon] Aprogen KIC announced on the 24th that it will absorb and merge with Aprogen and Aprogen H&G. The company stated, "The merging entities aim to create synergy effects through the integration of management resources, strengthen business competitiveness, enhance management efficiency, and maximize corporate value by improving corporate governance." They added, "Through this, the merged entity seeks to achieve maximization of shareholder value by continuously increasing corporate value."