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

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

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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
12:06a SAMSUNG ELECTRONICS : Intel announces McAfee VirusScan comes pre-installed on Ga..
08/25 SAMSUNG ELECTRONICS : and USA Basketball Unite to Create Unprecedented Look at t..
08/25 SAMSUNG ELECTRONICS : Patent Issued for X-Ray Imaging Apparatus and Method of Ge..
08/25 SAMSUNG ELECTRONICS : Patent Issued for Receiver of NFC Device and NFC Device In..
08/25 SAMSUNG ELECTRONICS : Patent Issued for Low Power Toggle Latch-Based Flip-Flop I..
08/25 SAMSUNG ELECTRONICS : Patent Issued for Iris Recognition Device and Mobile Devic..
08/25 SAMSUNG ELECTRONICS : Patent Issued for Method and Device for Executing Object o..
08/25 SAMSUNG ELECTRONICS : Patent Issued for Image Forming Device to Provide Preview ..
08/25 SAMSUNG ELECTRONICS : Patent Issued for Efficient Fill-Buffer Data Forwarding Su..
08/25 SAMSUNG ELECTRONICS : Patent Issued for Multimedia Playing Apparatus and Method ..
More news
Sector news : Phones & Handheld Devices - NEC
08/18DJSamsung Shares Hit Record
08/05DJEU Bid to Protect Telecom Firms From Chinese Rivals Flounders
08/05DJEU Bid to Protect Telecom Companies From Chinese Rivals Floundering
08/04DJNokia Vows More Cost Cuts After Another Quarterly Loss
08/01DJCloudTag Appoints Peter Griffith as Chief Creative Officer
More sector news : Phones & Handheld Devices - NEC
News from SeekingAlpha
08/25 Rules To Survive A Flash Crash - Cramer's Mad Money (8/24/16)
08/24 Nvidia's Parker Increases Momentum In Automotive And Mobile AI
08/24 WALL STREET BREAKFAST : Pfizer To Buy AstraZeneca Antibiotics Ops
08/24 Demand for Samsung's new phablet outstripts supply
08/23 What To Expect From The New Apple Watch
Advertisement
Financials ( KRW)
Sales 2016 206 964 B
EBIT 2016 30 752 B
Net income 2016 23 219 B
Finance 2016 58 122 B
Yield 2016 1,53%
P/E ratio 2016 10,62
P/E ratio 2017 9,84
EV / Sales 2016 0,99x
EV / Sales 2017 0,88x
Capitalization 262 494 192 M
More Financials
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 42
Average target price 1 784 657  KRW
Spread / Average Target 8,0%
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 Vice Chairman & Co-Chief Executive Officer
Sang-Hoon Lee Co-President, Chief Financial Officer & Director
Young K. Sohn Co-President & Chief Strategy Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SAMSUNG ELECTRONICS CO..235 195
NOKIA CORP-24.03%33 720
FIH MOBILE LTD-14.81%2 637
HTC CORP--.--%2 285
TCL COMMUNICATION TECH..26.71%1 187
COOLPAD GROUP LTD-9.03%933
More Results