April 01, 2000 in Social Responsibility News

Disclosure of Counter Party (Financial Institution) in Related Party Financial Transaction

- Transaction counter party: Samsung Investment Trust Management
- Transaction target: MMF
- Transaction amount: KRW280,000,000,000
- Interest rate: Market rate
- Purpose: To increase profitability and manage fund in a stable manner.
- The BOD authorized the transaction on March 31, 2000
- On March 31, 2000 the BOD of Samsung Electronics authorized a ceiling of KRW 400 billion in the transaction above to allow Samsung Investment Trust Management to manage the fund from March 31 to June 30, 2000.


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