31 Jul 2014 10:29
Approval of Transaction Limit with
Samsung Asset Management
On July 31, 2014, the BOD of Samsung Electronics authorized a beneficiary certificate transaction limit with Samsung Asset Management.
▫ Details
- Transaction limit amount: KRW5 trillion
※ This amount is the ceiling for the total transactions that can be made during the
period below.
- Transaction period: August 1, 2014~July 31, 2015
※ This disclosure is in accordance with the Korean Fair Trade Act, which mandates a purchaser of
insurance policy to disclose the transaction in case the transaction is worth more than KRW 5billion
and the asset management company involved is the purchaser's financial affiliate.