
Samsung Chairman Lee to Acquire Major Stake From His Mother
Samsung Electronics Chairman Lee Jae-yong is purchasing a 1.9 trillion won shareholding from his mother as part of ongoing corporate restructuring efforts within the South Korean conglomerate. The transaction aims to consolidate family control over the tech giant while streamlining its complex ownership structure.
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Samsung chief Lee to buy W1.94tr stake from his mother
Samsung Electronics Chairman Lee Jae-yong plans to buy 7.19 million shares in the chipmaker from his mother, Hong Ra-hee, in a 1.94 trillion won ($1.45 billion) off-market transaction that will increase his direct stake in the company. According to a Samsung Electronics regulatory filing Wednesday, Lee is scheduled to acquire 7,188,793 common shares from Hong, honorary director of the Leeum Museum of Art, on Oct. 12. The planned price is 269,500 won per share, based on Samsung Electronics' Sept.
By The Korea Herald
Read full article →Samsung Electronics chairman to buy 1.9 tln won worth of shares from mother
SEOUL, Sept. 9 (Yonhap) -- Samsung Electronics Co. Chairman Lee Jae-yong will pu...
By Chae Yun-hwan
Read full article →Samsung Electronics Chairman Lee to buy 1.9 trillion won worth of shares from his mother
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