October 16, 2001 in Social Responsibility News

Debt Guarantee for Related Party

Board Committee Resolution
The management committee of Samsung Electronics Co., Ltd. authorized a total of KRW 66,398,168,673 in debt guarantee for SSEC on Oct 15, 2001.

Details
SSEC
- Debt guarantee: KRW 66,398,168,673 (renewal)
- Guarantee period: to July 3, 2002
- Creditor: China Bank
- Total balance of guarantee: KRW 1,467,810,437,300
- Debt guarantee ceiling to SSEC: KRW 26,174,000,000 (excluding the renewed guarantee)


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