Real estate sales to affiliate
On December 15, 2009, the BOD of Samsung Electronics authorized the sales of real estate to its affiliate, Samsung Life Insurance.
Details
- Contract amount: KRW 504.8 billion
- Expected contract date: December 23, 2009
- BOD decision date: December 15, 2009
- Transaction property: 6,595 square meter of land and 83,639.81 square meter of building (26 above-ground floors and four underground floors)
(250 Taepyongno 2-ga, Chung-Gu, Seoul, Korea)
- Purpose of transaction: Sales of property not directly related to manufacturing and sales.
Details
- Contract amount: KRW 504.8 billion
- Expected contract date: December 23, 2009
- BOD decision date: December 15, 2009
- Transaction property: 6,595 square meter of land and 83,639.81 square meter of building (26 above-ground floors and four underground floors)
(250 Taepyongno 2-ga, Chung-Gu, Seoul, Korea)
- Purpose of transaction: Sales of property not directly related to manufacturing and sales.
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