27 Apr 2018 08:46
Charitable Contribution
Â
Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") on April 26, 2018 announced that its Board of Directors has authorized donations to the following foundations and educational organizations.
Â
1. KRW 19.5 billion to Samsung Welfare Foundation
2. KRW 41.5 billion to Samsung Life Public Welfare Foundation
3. KRW 15.0 billion to Sungkyunkwan University
4. KRW 4.0 billion to Ho-Am Foundation
Â
As a responsible corporate citizen, SEC seeks to address social problems and enrich the social environment through corporate contributions and its CSR programs.
Â
※ Note: Pursuant to the Korean Fair Trade Act, a donor is required to disclose contributions to charitable organizations if the amount of the donation exceeds KRW 5 billion and the recipient is an affiliated entity of the donor.
Â