Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  KOREA EXCHANGE  >  Samsung Electronics Co Ltd    005930   KR7005930003

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Samsung Electronics Co., Ltd. : Public Disclosure : BOD Approval of Merger among Samsung Display Corporation, SMD, and S-LCD Corporation

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/27/2012 | 01:13pm CEST
BOD Approval of Merger among Samsung Display Corporation, SMD, and S-LCD Corporation on

- On April 27, 2012, the BOD of Samsung Electronics approved a merger among Samsung Display Corporation (SDC), SMD, and S-LCD Corporation. Samsung Electronics is the largest shareholder of the three subsidiaries.

Details of the Merger
1. Merger date: July 1, 2012
2. Method of merger: SMD and S-LCD Corporation will be merged into SDC
3. Objective of merger: To maximize synergy effect and reinforce business competitiveness.
4. Merger Ratio: SDC: SMD: S-LCD = 1: 1.6487702: 0
- In accordance with domestic regulations on valuation of unlisted companies, the merger ratio
was calculated based on evaluation results provided by outside evaluation agencies.
5. Method of Payment
- SDC will issue new shares (111.83 million shares) to pay for the price of the merger, which
corresponds to the total evaluated value of SMD.
- As shareholders of SMD, Samsung Electronics (64.36% stake) will be receiving 71.97
million shares and Samsung SDI (a 35.64% stake) will be receiving 39.86 million shares,
in proportion to their stakes.
- After the merger, Samsung Electronics will be holding a total of 221.97 million shares
in SDC, including the 150 million outstanding shares, and Samsung SDI 39.86 million shares,
with a stake of 84.78% and 15.22%, respectively.


print this page
next SEC's acquisition of Affiliate's stake in Overseas Subsidiariesprevious Samsung Electronics' Pre-Earnings Guidance
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SAMSUNG ELECTRONICS CO LTD
04/23 SAMSUNG ELECTRONICS : Seventh generation of OLED display production commenced by..
04/23 SAMSUNG ELECTRONICS : This is the 24K gold-plated Samsung Galaxy S8 and S8+
04/23 SAMSUNG ELECTRONICS : Unlocked Variants of Galaxy S8 & Galaxy S8+ Now Available ..
04/22 EMIRATES TELECOMMUNICATIONS GROP : Get Samsung Galaxy S8, S8+ starting from Dh12..
04/22 SAMSUNG ELECTRONICS : Dhiraagu opens pre-registration for Samsung Galaxy S8 and ..
04/22 EMIRATES TELECOMMUNICATIONS GROP : Get Samsung Galaxy S8 for as little as AED 12..
04/22 SAMSUNG ELECTRONICS : BodyGuardz Pure Arc Protects Galaxy S8 Curves
04/22 RAMBUS : Partners With Samsung to Develop 56G SerDes PHY on 10nm LPP Process
04/22DJWEEKEND CONFIDENTIAL : Marc Mathieu -- WSJ
04/22 SAMSUNG ELECTRONICS : BodyGuardz Pure Arc Protects Galaxy S8 Curves
More news
Sector news : Phones & Handheld Devices - NEC
03/31 Verizon hires ex-Ericsson CEO, sets new operating structure
03/28 Ericsson's provisions raise concern over health of business
03/28 Ericsson's provisions raise concern over health of business
03/17DJNokia Mobile Network Chief to Leave in Strategic Shake-Up
02/02 European shares fall weighed down by poor earnings; Reckitt up
More sector news : Phones & Handheld Devices - NEC
News from SeekingAlpha
04/21 Another Dividend Hike From Apple?
04/21 Micron Begins Its Descent
04/21 WALL STREET BREAKFAST : High Stakes For French Vote
04/21 Samsung Galaxy S8 goes on sale
04/20 MOBILE PAYMENTS : Trouble In Paradise
Advertisement
Financials ( KRW)
Sales 2017 226 389 B
EBIT 2017 46 305 B
Net income 2017 34 618 B
Finance 2017 77 084 B
Yield 2017 1,68%
P/E ratio 2017 8,51
P/E ratio 2018 7,95
EV / Sales 2017 1,06x
EV / Sales 2018 0,90x
Capitalization 316 755 594 M
More Financials
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 2 522 444  KRW
Spread / Average Target 24%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Boo-Keun Yoon Co-President, Co-CEO & Director
Jong-Kyun Shin Co-President, Co-CEO & Director
Oh-Hyun Kwon Chairman & Chief Executive Officer
Sang-Hoon Lee Co-President & Chief Financial Officer
Jae-Yong Lee Director & Vice Chairman-Executive Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SAMSUNG ELECTRONICS CO..279 695
FIH MOBILE LTD9.76%2 773
HTC CORP--.--%1 914
FITBIT INC-23.36%1 281
MERRY ELECTRONICS CO L..--.--%916
SEOWONINTECH CO LTD--.--%195
More Results