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Transactions with related parties

26 Oct 2012 08:31

RNS Number : 6212P
Samsung Electronics Co. Ld
26 October 2012
 



 

 

Transactions with Related Parties

 

On October 26, 2012, the BOD of Samsung Electronics approved transactions with related parties as follows.

 

Real estate rental from Samsung Life Insurance

- Transaction property: Building

- Rental period: November 5, 2012~Decembr 31, 2014

- Transaction amount: KRW8,147 million per year

 

Donation to related parties

- Donation to Samsung Foundation of Culture

·;Amount: KRW15 billion

- Donation to Samsung Life Public Welfare Foundation

·;Amount: KRW8.76 billion

Note: Pursuant to the Fair Trade Act, a donator is required to disclose the transaction

if the amount of donation exceeds KRW5 billion and the receiving party is a related

party to the donator.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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