Shareholders Endorse Inchon Steel Merger With Kangwon.

From: Korea Times (Seoul, Korea) | Date: January 7, 2000 | Copyright information

Inchon Iron & Steel Co., a subsidiary of Hyundai Group, was given an endorsement to merge with Kangwon Industries, Ltd. during an extra shareholders meeting yesterday, a spokesman said.

As a result, Inchon Steel plans to register the merged corporation by the end of February after immediately reporting the move to the watchdog Financial Supervisory Service, the spokesman said.

The new corporation will...

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