Sales of Equity Assets

On 26 November 2014, the Board of Directors of Samsung Electronics authorized the sales of equity assets in Samsung Techwin Co., LTD. (KRX:012450) to Hanwha Corporation (KRW:000880). Samsung Techwin is an affiliate company in Samsung Group.

Details
1. Details of Transaction:
Samsung Electronics plans to sale a total of 13,526,935 shares.
*The total number of shares issued 53,130,000.
2. Transaction amount: KRW 661 billion
3. Date o Transaction
The effective date of asset transfer is 26 November 2014. The asset transfer will be executed sequentially and closed-out by June 2015.
4. Decision-making
The purpose of asset sale is secure capital resources for investments in new businesses and to strengthen the Company’s core competency.
5. Details on contract resolution (including put-option): None
6. Other information
Samsung C&T(KRW:00830), Samsung Securities (KRW:016360), Samsung Life Insurance (KRW:032830), and Samsung SDI (KRW:006400) also plans to sale their assets of Samsung Techwin.
The actual transaction amount could differ due to adjustment in asset price, etc.
* This public disclosure is in accordance with the Financial Investment Services and Capital Markets Act (Article 200-1), which mandates major shareholder of a stock-listed corporation to report matters concerning the current status of specific securities, etc. owned by type and changes therein.


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
×

Redirect Notification

As of Nov. 1, 2017, the Samsung Electronics Co., Ltd. printer business and its related affiliates were transferred to HP Inc.

For more information, please visit HP's website: http://www.hp.com/go/samsung


Select CONTINUE to visit HP's website.

CANCEL
CONTINUE