February 03, 2004 in Social Responsibility News

Addition of an affiliate company

1. Affiliate company to be added:
A. Name: International Cyber-marketing
B. CEO: Heungsup Chung
C. Capital: KRW 5,000,000,000
D. Major Business Area: Planning and Operation of World Cyber Games
2. Acquisition Details:
A. Amount: KRW 1,165,500,000
B. Shares: 450,000
C. Investment Ratio after the acquisition: 45%
3. Samsung Group Status
Before acquisition
A. Number of affiliates: 63
B. Total Assets: KRW 179,451,727,000,000
After acquisition
A. Number of affiliates: 64
B. Total Assets: KRW 179,454,253,000,000
4. Reason for the addition: Acquisition of New Shares
5. Effective date: February 2, 2004
6. Misc:
A. Any amount less than KRW 1,000,000 was discarded from the Total Assets
B. Effective date is the retirement date as noted on FTC’s official notice


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