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Ceiling on transactions with

25th 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

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