October 29, 2002 in Social Responsibility News

Overseas Investment

- Investee: Samsung India Electronics, Ltd. (SIEL) (India)
- Relationship to Samsung Electronics: Overseas subsidiary
- Business area: CTV production
- Previous investment amount: KRW 14,406,000,000
- New investment amount: KRW 29,288,280,000
- Financing method: Cash on hand
- Investment purpose: To purchase the equity stake in SIEL from REPL, the Indian joint venture partner.
- A total of overseas investments as of the disclosure date:
KRW 177,514,330,000
- The management committee authorized the investment on October 23, 2002
- Others: Samsung Electronics plans to merge SIEL and SEIIT after the purchase of the equity.


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