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Holding company restructuring of Simmetech

다음
Type
Deals & Cases
Published on
2015.02.23

In July 1, 2015, Simmtech Co., Ltd. executed an equity spin-off for reorganization of structure with total value at KRW 527,486,562,594. Simmtech Co., Ltd. was spun off into separate entities, respectively named “Simmtech Holdings Co., Ltd” as a holding company and “Simmtech Co., Ltd.” as an operating corporation. Lee&Ko provided comprehensive review of the potential legal issues and proposed the most effective structure for the deal.

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