April 03, 2002 in Social Responsibility News

Overseas Direct Investment




1. details of overseas

  company invested
name of company
Shenzhen Samsung
Kejian Mobile Telecom Technology Co., Ltd.
nationality

of company
China


name of representative
Byeong Sik - Lee


relationship with

the company
Overseas joint venture


paid-in capital(KRW)
12,998,720,000


total number of

outstanding shares
-


business area
Production of CDMA
terminals


location of head office
Shenzhen, China


2. size of existing investment(KRW)
-


  - shareholding ratio(%)
-


3. size of new investment(a+b+c)(KRW)
12,998,720,000


  a. capital contribution(KRW)
12,998,720,000


  b. guarantee for debt
payment(KRW)
-


  c. loan to overseas
subsidiary(KRW)
-


4. method of funding
own funds(KRW)
12,998,720,000


funds locally financed

(KRW)
-


5. purpose of investment
Objective of investment
is

to secure a local  base  to manufacture

CDMA terminals.


6. investment date
and guarantee period for

  debt payment
2002.04.08


7. total investment size(a+b+c)(KRW)
44,093,700,000


 a. capital contribution(KRW)
44,093,700,000


   - paid-in capital
at the end of the previous

     fiscal year(KRW)  
882,117,170,000


   - ratio to paid-in
capital(%)
5.00


   - shareholding
ratio after investment(%)
-


 b. guarantee for debt payment(KRW)
-


 c. loan to overseas subsidiary(KRW)
-


8. decision date (date of board
resolution)
2002.04.01


  -
attendance of outside directors
present

(no.)
-
absent

(no.)
-


  - attendance of auditors
absent


9. total assets at the end of the
previous

  fiscal year(KRW)
27,919,406,342,000


10. others
- Paid in capital(Item no.1)

 : 9,800,000(USD)

 (F/X rate applied is KRW 1,326.4

 against a dollar based on the rate of

 April 1, 2002 )



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