April 25, 2024
Market Now
Samsung Electro-Mechanics sells entire Samsung C&T stake at W642.5b
[DISCLOSURE] Samsung Electro-Mechanics (009150) announced on Sept. 20 that it has decided to sell entire 5 million shares of its affiliate Samsung C&T (028260) at 642.5 billion won (US$574.84 million) “to secure means for investment and to improve financial structure.”
The due date for transaction is Sept. 21.
By Hwang You-mee (glamazon@heraldcorp.com)
The due date for transaction is Sept. 21.
By Hwang You-mee (glamazon@heraldcorp.com)
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