December 18, 2000 in Social Responsibility News

Voluntary Disclosure of Other Material Information Regarding Business

"

1. Name (Company name): API

a. Nationality: U.S.

b. Representative: Jin, Dae-Jae

c. Paid-In-Capital: $40,000,100 (USD)

d. Number of Outstanding Shares: (Shares)

Common : 2000 Preferred : 40,000,000

e. Core Business: Manufacturing of Alpha CPU

f. Location: Massachusetts Boston



2. Book Value: 28,269,482,000 KRW



3. Contents of Disposal

a. Content: 10,000,000 preferred shares

b. Amount: $20,000,000 (USD)

c. Number of shares outstanding after the disposal: (Shares)

Common : 1,750 Preferred : 25,000,000

d. % of ownership after the disposal:(%) 62.5



4. Reason/Objective of the Disposal

Reduction of investment risk through early retrieval of investment



5. Disposal (Expected) Date: Sometime in December



6. Decision Date (resolution date of the board of directors): December 18, 2000

- outside directors: present (no.) - absent (no.) -

- auditors: not present



6. The Others:

- The book value of API shares is based on the share value listed on 00 Semi-Annual Audit Report.

- The disposal amount is based on the third party evaluation

- The disposal price is $2 (Purchase price of $1) will yield the gain of $7,000,000 USD.


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