S&K Polytec completes merger with unit Sunjin Engineering
Bitget2026/10/02 06:46- S&K Polytec completed the merger of its wholly owned unit Sunjin Engineering, absorbing the target on Oct. 1, 2026.
- The deal used a 1:0 exchange ratio, issuing no new shares and paying no merger consideration.
- Pro forma 2025 figures show combined assets of 82.11 billion won, liabilities of 46.56 billion won, equity of 35.55 billion won.
- No creditor objections were filed during the Aug. 29–Sep. 30, 2026 notice period.
- 86 shareholders opposed the merger, representing 95,934 shares, or 0.8% of shares outstanding.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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