SEOUL (Reuters) - The Canada Pension Plan Investment Board, which holds a small stake in South Korean builder Samsung C&T Corp (>> Samsung C&T), said it was voting against the $8 billion all-stock takeover offer by Cheil Industries Inc (>> Cheil Industries Inc).

The pension fund, which disclosed its vote intention on its website, did not elaborate. Thomson Reuters data shows that the board holds a 0.14 percent stake in Samsung C&T, whose proposed merger with Cheil Industries has been opposed by U.S. hedge fund Elliott Associates.

The Canada Pension Plan Investment Board also holds a stake in Cheil Industries, which it intends to vote in favour of the deal, according to its website.

(Reporting by Se Young Lee; Editing by Tony Munroe and Stephen Coates)

Stocks treated in this article : Samsung C&T, Cheil Industries Inc