April 07, 2004 in Social Responsibility News

Equity Investment in Major Shareholder, etc.

1. name of investment recipient (major
shareholder, etc.)

Samsung Card Co., Ltd.




- relationship with company

Affilated




2. details of
investment

date of investment

04/16/2004




object of investment

The Company will purchase 75,000,000 shares among the allocated rights of 118,282,000 shares in Samsung Card's rights issuance.




investment amount(KRW)

600,000,000,000




total investment amount in
major shareholder
concerned (KRW)

1,091,764,000,000




3. purpose of investment


Participation in the rights offering as a major shareholder





4. decision date(date of board resolution)


04/07/2004




- attendance of outside directors

present(no.)

6

absent(no.)

1




- attendance of auditors

present




5. applicability of Fair Trade Act

yes




6. others


- In item No. 2, the date of investment represents the date when the full payment is completed, and the amount less than KRW 1,000,000 is rounded off in the total investment amount in major shareholder concerned. - The Company will purchase 40% among the allocated rights of 63.1% in the rights offering.





※ date of relevant disclosure

01/08/2004


Welcome to Samsung

Sign up & get 10% off

Sign up and get 10% off your first order of $100 or more! Shop Samsung.com to find the best tech at the best prices and recieve news on our latest technology and exclusive offers.*

*Exclusion apply. Order must be a minimumm of $100 or more. Offer valid only for new Samsung.com customers. Must sign up for emails by 11/12/16. Promo code must be used by 11/19.

Fast, easy checkout with Shop Samsung App
Easy sign-in, Samsung Pay, notifications, and more!
Or continue shopping on Samsung.com
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×

You Are About To Be Redirected To Investor Relations Information for U.S.

Thank you for visiting Samsung U.S. Investor Relations. You will be redirected via a new browser window to the Samsung Global website for U.S. investor relations information.
CANCEL
CONTINUE