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Daily News


29 Nov 2007





Samsung: Purchase of a Beneficiary Certificate
PRESS RELEASE


November 2007

On November 26, 2007, Samsung Electronics purchased a beneficiary certificate worth KRW 100 billion from Samsung Securities Co., Ltd.

Details:
  • Asset management company: Samsung Investment Trust Management

  • Name of fund: Samsung 03Private Placement Bond Trust #71

  • Purpose of transaction: To stabilize asset management and improve profitability

    This public disclosure is in accordance with the Korean Fair Trade Act, which mandates a purchaser of a beneficiary certificate to disclose the transaction in case the beneficiary certificate is worth more than KRW 10 billion and the securities firm or asset management company involved is the purchaser’s financial affiliate.


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