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Ildong to turn into holding company

Published: 2013-10-16 06:57:00
Updated: 2013-10-16 06:57:00
Ildong Pharmaceutical said Monday it plans to split the company into two parts of holding and operating firms in an effort to streamline the corporate structure from this year.

A board of directors finalized the plan in the day, Ildong said in a regulatory filing, and the decision will be made at a shareholders' meeting scheduled for next January.

Under the split-off plan, Ildong is to b...

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