Samsung Electronics says difficult to adopt holding company structure | Reuters

SEOUL Samsung Electronics Co Ltd (005930.KS) said on Friday it will be difficult to adopt a holding company structure at this time.

Reuters March 24, 2017 06:30:08 IST
Samsung Electronics says difficult to adopt holding company structure
| Reuters

Samsung Electronics says difficult to adopt holding company structure
 Reuters

SEOUL Samsung Electronics Co Ltd (005930.KS) said on Friday it will be difficult to adopt a holding company structure at this time.

"We will review various aspects including legal and tax-related issues and report the findings to shareholders," Samsung Chief Executive Kwon Oh-hyun said at the company's annual shareholder meeting.

"But there are negative effects that would arise from transitioning to a holding company so it does not appear it will be easy to do so at present." (Reporting by Se Young Lee; Editing by Stephen Coates)

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