Aug 19 (Reuters) - Titan Pharmaceuticals Inc :
* TITAN PHARMACEUTICALS ENTERS INTO MERGER AGREEMENT WITH KE SDN. BHD.
* TITAN PHARMACEUTICALS INC - TITAN WILL BE COMBINED WITH KE IN A "REVERSE MERGER" TRANSACTION
* TITAN PHARMACEUTICALS- ON DEAL CLOSE EXISTING SECURITY HOLDERS OF KE AND TITAN EXPECT TO OWN ABOUT 86.7% & 13.3%, RESPECTIVELY, OF COMBINED CO
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