associate sponsors


Samsung Elec says reviewing shift to holding company structure | Reuters

SEOUL Samsung Electronics Co Ltd (005930.KS) said on Tuesday it is reviewing options for its optimal corporate structure including the possibility of establishing a holding company amid growing calls for improved transparency and governance. Samsung, in a statement, said it is also considering the potential benefits of listing its shares on other overseas markets and hired advisers for a thorough review.

"The review does not indicate the management or the board's intention one way or another," the company said, adding the review process would take at least six months.

(Reporting by Se Young Lee; Editing by Stephen Coates)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date: Nov 29, 2016 05:19 AM

Also Watch

Firstpost in Russia: Moscow to St. Petersburg, on a free World Cup train
  • Monday, July 2, 2018 Social Media Star: Richa Chadha, Kunal Kamra talk about their political views, and why they speak their mind
  • Tuesday, June 26, 2018 It's A Wrap: Swara Bhasker talks about Veere Di Wedding and Twitter trolls, in conversation with Parul Sharma
  • Tuesday, June 19, 2018 Rahul Gandhi turns 48: Congress chief, who once said 'power is poison', should focus on party rather than on 'hate Modi' mission
  • Monday, June 4, 2018 It's A Wrap: Bhavesh Joshi Superhero makers Anurag Kashyap, Vikramaditya Motwane in conversation with Parul Sharma