August 01, 2003 in Social Responsibility News

Equity Investment in Other Company

1. Target company
- Target company name: KorAm Bank
- Relationship to the company: Non
- Shareholders’ equity: KRW 1,093,334,000,000
- Shares outstanding: 218,666,765 shares
- Business area: Banking
- Location: Seoul-si Jung-gu Da-dong 39
2. Disposal of equity investment in KorAm Bank
- Disposal amount: KRW 76,493,709,800
- Number of shares subject to disposal: 8,497,358 shares
- Shareholding balance after disposal: Non
- Disposal date: August 1, 2003
3 Purpose: Disposal of unprofitable investment
4. A total of disposal of equity investment in other companies as of disclosure date:
KRW 87,264,732,260
6. Others: The BOD authorized the disposal plan on May 26, 2003, letting the CEO to handle details of the disposal. Samsung Electronics has sold the equity at the stock market on August 1, 2003 under the BOD resolution.


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