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25 Jul 2008 08:46
RNS Number : 8762Z
Samsung Electronics Co. Ld
25 July 2008
Establishment of Transactions Ceiling with Financial Affiliates
On July 25 of 2008, the BOD of Samsung Electronics authorized the Company to establish a ceiling amount of KRW 5 trillion on the annual transaction volume with Samsung Investment Trust Management.
▫ Details
- Party involved: Samsung Investment Trust Management
- Transaction target: Beneficiary Certificate
- Ceiling Amount: KRW 5 trillion
- Transaction Purpose: To stabilize asset management and improve profitability
- Period of Validity: July 25, 2008 ~ July 24, 2009
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