Black is the New Black

Introducing the new Samsung Black Stainless Collection

Get a Free Accessory

When you Activate Samsung Pay and Register Your Compatible Card.

June 25, 2012 in Special Events News

SEC’s Stake Acquisition in SEHF Korea

On June 25, 2012, the BOD of Samsung Electronics decided to purchase a 100% stake in its sub-subsidiary SEHF Korea from its overseas subsidiary SEHF (Samsung Electronics Hainan Fiber Optics). This acquisition is intended to improve business competitiveness by fostering synergy.

Details of the Transaction
- Total number of shares to be acquired: 379,440 shares
- Total value of shares: Approx. KRW 104.99 billion
- Transaction date: September 10, 2012 (planned date)

* Pursuant to the Fair Trade Act, a company is required to disclose any transaction with its affiliates that exceeds KRW 5 billion.