[Edaily Reporter Kwon Oh Seok ] KUK-IL PAPER MFG CO.,LTD(078130)announced on the 18th that “SM ENTERTAINMENT CO., Ltd. will merge with Han Deok Cheol Mining Industry Co., Ltd.” The surviving company (merging company) is SM ENTERTAINMENT CO., Ltd., and the dissolving company (merged company) is Han Deok Iron Ore Industry Co., Ltd. After the merger, the surviving company’s trade name will remain SM ENTERTAINMENT CO., Ltd. The company explained the purpose of the merger as “enhancing market competitiveness through the expansion of the business portfolio and the creation of business synergies.”
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SM ENTERTAINMENT CO., Ltd. Decides to Merge with Han Deok Cheol Mining Industry
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