Midas AI Decides to Absorb Subsidiary Jason & Company Through Merger

[Asia Economy Reporter Lee Jung-yoon] Midas AI announced on the 19th that it will absorb and merge its subsidiary, Jason & Company.

The merger ratio is 1 to 0, and the merger date is July 25. The merged corporation, Midas AI, owns 100% of the shares of the absorbed company, Jason & Company.

The purpose of the merger is to enter new businesses and expand sales through a merger with a steel specialist company, improve profitability structure, and enhance corporate value and shareholder value.