December 11, 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 12,719,000,000 in debt guarantee for SEPLC on Dec 10, 2001.

Details
SEPLC
- Debt guarantee: KRW 12,719,000,000 (renewal)
Guarantee period: 2001.12.28~2002.12.27
- Creditor: Sumitomo Bank
- Total balance of guarantee: KRW 1,457,163,682,100
- Debt guarantee ceiling to SEPLC: KRW 6,359,500,000 (excluding the renewed guarantee)


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