Notice of Small-Scale Merger

Notice of Small-Scale Merger

MK Trend Co., Ltd. entered into a small-scale merger agreement to absorb Yangwoo Trading Co., Ltd. based on approval by the Board of Directors under Article 527-3 of the Commercial Act.

1. Merger method: MK Trend would absorb Yangwoo Trading.
2. Merger ratio: MK Trend 1 : Yangwoo Trading 0; no new merger shares would be issued.
3. Yangwoo Trading was located at 53-14 Deogi-ro, Majang-myeon, Icheon-si, Gyeonggi-do.
4. Effective date: December 31, 2016 at 24:00.
5. The merger would be approved by the Board of Directors without separate shareholder approval under the small-scale merger procedure.
6. Shareholders of record as of November 9, 2016 could submit written opposition between November 9 and November 23, 2016. Beneficial shareholders were requested to submit through their securities companies by November 20.
7. No appraisal right was available under the small-scale merger provision.
8. Shareholder approval would be required if shareholders holding at least 20% of the total outstanding shares submitted opposition.

Original notice and opposition form

• Notice of Small-Scale Merger.pdf (PDF, 2 pages)

The attached files are the original Korean-language corporate filings and remain the authoritative source documents.