Charitable Contribution

By

Regulatory News | 31 Jul, 2024

RNS Number : 5698Y
Samsung Electronics Co. Ld
31 July 2024
 

Charitable Contribution

 

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("Samsung"), on July 31, 2024, announced that its Board of Directors has authorized the following contribution.

 

Contribution to the Ho-Am Foundation (the "Foundation")

- Samsung will contribute KRW 3.41 billion to the Foundation to be used for its presentation of the

 Samsung Ho-Am Prizes in the following six fields:

Physics/Mathematics,

Chemistry/Biology,

Engineering,

Medicine,

Art, and

Volunteering

 

Donations to Other Foundations and Educational Organizations

- KRW 20.00 billion to Samsung Life Public Welfare Foundation

- KRW 12.32 billion to Sungkyunkwan University

 

The amounts listed above will be paid within the calendar year 2024.

 

* Note: Pursuant to the Korea Fair Trade Act, a donor is required to disclose its donation to charitable organizations if such donation amount exceeds KRW 10 billion and the recipient is an affiliated entity of the donor.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCQKDBBFBKKQON

Last news