Choongwae to transform its affiliates.

Choongwae announced on Oct. 26 that as one of the company transformation project and to strengthen the business competence of its subsidiary companies, Choongwae Medical and Daeyu Shinyak would be merged as of Nov. 30

To this end, two subsidiaries took an extraordinary shareholder's meeting where approved the merger under the ratio of 1 to 1 of the company stakes, thus 6 subsidiaries of Cho...