MZ Plus Decides to Absorb and Merge with Unicomnet

[Asia Economy Reporter Minwoo Lee] MGENPLUS announced on the 13th that it has decided to absorb and merge its 100% subsidiary Unicomnet. The merger ratio is 1.000000 to 0.000000. MGENPLUS will remain as the surviving company without issuing new shares due to the merger, and the merged company Unicomnet will be dissolved after the merger. The merger date is set for November 16.