APS Inc. To absorb wholly owned subsidiary UPI without issuing new shares
APS Inc.· Material Event Report
AAI summary · Not investment advice
APS Inc. will absorb its wholly owned subsidiary UPI. No new shares will be issued, so the share count stays the same.
Key facts
- Merger method
- APS Inc. absorbs UPIAPS Inc. survives; UPI is dissolved
- Merger type
- Small-scale merger
- Merger counterparty
- UPIWholly owned subsidiary (100%) · transformer manufacturing equipment
- Merger ratio
- 1.0000000 : 0.0000000No new shares issued
- Purpose of merger
- Simplifying the management structure, improving efficiency and running the power equipment manufacturing machinery business directly
- Appraisal rights
- Not granted (small-scale merger)
- Merger date
- Jan 4, 2027
- Board resolution date
- Oct 26, 2026
Earlier Material Event Report filings from this company
| Filed | Title | Key figure · Note |
|---|---|---|
| 26.11.022026.11.02 | Material Event Report | KRW 1.0 billion · Contract period Nov 3, 2026 to May 3, 2027 |
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