April 24, 2024
Market Now
Samsung Engineering invests W213.4b in Saudi subsidiary
[DISCLOSURE] Samsung Engineering (028050) announced on April 23 that it has decided to acquire 300,000 shares of Samsung Saudi Arabia at 213.4 billion won (US$198.36 million) by participating in its capital raise and to finance its operations.
It will own 99.98 percent stake in the subsidiary.
By Hwang You-mee (glamazon@heraldcorp.com)
It will own 99.98 percent stake in the subsidiary.
By Hwang You-mee (glamazon@heraldcorp.com)
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