Samsung Elec says reviewing shift to holding company structure | Reuters

Nov 29, 2016 05:19 IST

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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.

First Published On : Nov 29, 2016 05:19 IST

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Samsung Elec says reviewing shift to holding company structure
| Reuters