Samsung Elec says reviewing shift to holding company structure
The world's top producer of cell phones, memory chips and TVs said it was likewise analyzing the potential advantages of posting its shares on different abroad markets, and had employed consultants to lead an audit. "The survey does not show the administration or the board's expectation somehow," the organization said in an announcement, including it would take no less than six months. Samsung's comments come after US dissident fence investments Elliott Administration proposed in October the firm split itself into a holding vehicle for proprietorship purposes and a working organization. The fence stock investments possesses just 0.6 percent of the firm however its recommendations have won support from a few noteworthy worldwide institutional financial specialists. Speculators and examiners have since quite a while ago saw such a split as a path for Lee family scion Jay Y Lee and his two sisters to support their control of the crown gem of South Korea's top agg...