31 Jul 2019 08:09
Charitable Contribution
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Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") on July 31, 2019 announced that its Board of Directors has authorized the following contribution.
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Contribution to Daegu GyeongBuk University Start-up
- SEC will provide a total of KRW 12 billion (KRW 4 billion annually during 2020 to 2022) to
Daegu GyeongBuk University Start-up (DGUS) to contribute to job creation by nurturing a start-up
ecosystem and fostering domestic startups. The annual contributions will be made each January
starting from 2020. DGUS will create a fund with the contribution and invest in startups supported
by the Daegu GyeongBuk Creative Economy Innovation Center.
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