Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Transactions with related parties

26th Oct 2012 08:31

RNS Number : 6212P
Samsung Electronics Co. Ld
26 October 2012
 



 

 

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.

 

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

Related Shares:

Samsung El.gdr
FTSE 100 Latest
Value10,489.18
Change60.91