16th Jul 2007 08:29
Samsung Electronics Co. Ld16 July 2007 Purchase of Property & Casualty Insurance Policy On July 13, 2007, the BOD of Samsung Electronics authorized the purchase of aproperty & casualty insurance policy. • Details 1. Insurer: Samsung Fire & Marine Insurance Co., Ltd. 2. Insurance Policy Purchase Date: August 1, 2007 3. Type of Insurance Policy: Property & casualty insurance policy 4. Terms and Conditions of Insurance - Insurance Premium: KRW 85.6 billion - Insurance Claim: KRW 5.5 trillion - Insurance Period: From August 1, 2007 to July 31, 2008 - Premium Payment Mode: Lump-sum payment 5. Purchase of Insurance Policy: To cover possible damage or loss from fire or other accidents at semiconductor, LCD and telecommunication factories. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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