26th Oct 2012 08:31
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.
Related Shares:
Samsung El.gdr