Sinostar PEC's (SGX:C9Q) subsidiaries, Dongming Hengchang Petrochemical and Dongming Qianhai Petrochemical, completed a merger by way of absorption, according to a Wednesday filing with the Singapore Exchange.
Following the merger, Dongming Hengchang becomes the surviving entity with Dongming Qianhai deregistered.
The move is part of the company's internal reorganization to streamline its corporate structure and improve efficiency.
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