January 18, 2005 in Social Responsibility News

Sale of Property to Related Party

- Transaction counter party: SEHF Korea
- Relationship to Samsung Electronics:
SEHF Korea is a manufacturing subsidiary located in Korea, owned 100% by Samsung Electronics Hainan Fiberoptics (Samsung Electronics’ overseas subsidiary)
- Transaction amount: KRW 6,655,200,957
- Transaction property: Inventory of electronic goods, and fiber optics communication products
- Purpose: Sale of inventory due to a transfer of business
- Contract date: January 17, 2005
- The transaction above is not subject to a BOD authorization.


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