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Charitable Contribution

31st Jul 2019 08:09

RNS Number : 3406H
Samsung Electronics Co. Ld
31 July 2019
 

Charitable Contribution

 

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") on July 31, 2019 announced that its Board of Directors has authorized the following contribution.

 

 

Contribution to Daegu GyeongBuk University Start-up

- SEC will provide a total of KRW 12 billion (KRW 4 billion annually during 2020 to 2022) to

Daegu GyeongBuk University Start-up (DGUS) to contribute to job creation by nurturing a start-up

ecosystem and fostering domestic startups. The annual contributions will be made each January

starting from 2020. DGUS will create a fund with the contribution and invest in startups supported

by the Daegu GyeongBuk Creative Economy Innovation Center.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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