Brief: Hyundai HCN updates on merger with five firms

Hyundai Futurenet Co

13/10/2016 06:21

Oct 13 (Reuters) - Hyundai HCN Co Ltd  126560.KS  : 
     
    * Says it will merge with HCN SEOCHO, HCN Kyongbuk System 
Co.,Ltd, HCN DONGFAK Sysems Co., Ltd, HCN Busan Systems Co.,Ltd, 
Hyundai HCN Chungbuk System CO.,LTD 
    * Says merger ratio changes to 1 : 1.5701052: 0.7519557 : 
0.9250753 : 8.3931526 : 1.5154146 from 1 : 1.5698134 : 0.7552656 
: 0.9337393 : 8.3857491 : 1.5089669 between company and the five 
firms    
    * Says new shares to be issued for the merger changes to 
4,983,836 from 4,981,054 
    * Says effective date changes to Dec. 28 from Dec. 30 and 
expected registered date changes to Dec. 29 from Dec. 30 
    * Original report was published on May. 12 
      
    Source text in Korean: https://goo.gl/p8mkQm 
    Further company coverage:  126560.KS  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: hedy.cui.reuters.com@reuters.net))