Republic Glass OKs extending corporate life for 50 years

Republic Glass Holdings Corp said its board of directors has unanimously approved a resolution extending the corporation's life for another 50 years.

The resolution will be submitted to shareholders at their next regular meeting, the date of which was not specified in the company's disclosure to the stock exchange.

Republic Glass is the sole manufacturer and dominant supplier of flat glass, and is involved in the business of a holding company such as purchasing, leasing and selling securities, business, and properties of every kind.

The company was incorporated in 1956 and has developed a lucrative and growing foreign market for its products, which includes the US, Singapore, and Indonesia.

600450 Republic Glass OKs extending corporate life for 50 years

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