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Transaction limit with Samsung Asset Management

31st Jul 2014 10:29

RNS Number : 8641N
Samsung Electronics Co. Ld
31 July 2014
 



 

 

Approval of Transaction Limit with

Samsung Asset Management

 

On July 31, 2014, the BOD of Samsung Electronics authorized a beneficiary certificate transaction limit with Samsung Asset Management.

 

Details

 - Transaction limit amount: KRW5 trillion

※ This amount is the ceiling for the total transactions that can be made during the

period below.

 

 - Transaction period: August 1, 2014~July 31, 2015

 

This disclosure is in accordance with the Korean Fair Trade Act, which mandates a purchaser of

insurance policy to disclose the transaction in case the transaction is worth more than KRW 5billion

and the asset management company involved is the purchaser's financial affiliate.

 

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