June 25, 2004 in Social Responsibility News

Sale of Assets to Related Party

1. Samsung Info:
A. Accumulated sales amount of assets (2004): KRW 109,069,000,000
B. Total Shareholder's Equity: KRW 29,414,475,583,642
C. Sales amount as a portion of Shareholder's equity: 0.37%

2. Transaction Details:
A. Counterparty: S-LCD
B. Relations to Samsung Electronics: Affiliate
C. Amount: KRW 109,069,000,000
D. Assets: Rights and Obligations to LCD related equipments
E. Reason: Transfer of Samsung's rights and obligations to LCD related equipments to S-LCD as a result of forming a JV with Sony (S-LCD)
F. AGM Approval Date: Jun 25, 2004
i. Outside Director Attendance: 7
ii. Audit Committee Officer Attendance: Yes


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