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Samsung Group de facto leader to sell 2.05 percent stake in Samsung SDS

2016-01-28 14:36:09| Semiconductors - Topix.net

Jay Y. Lee, the company's vice chairman and the only son of Samsung Electronics chairman Lee Kun-hee, makes a public apology over the spread of the Middle East Respiratory Syndrome at Samsung Medical Center, at the company's headquarters in Seoul, South Korea, June... Samsung Group said on Thursday its de facto leader Jay Y. Lee would sell a stake of 2.05 percent in Samsung SDS Co Ltd for about 380 billion won to raise money for any potentially unsubscribed shares he will need to buy from the rights issue of Samsung Engineering Co Ltd , currently owns 11.25 percent of Samsung SDS.

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