Samsung Reviews Holding Company Structure
Samsung Electronics Company
Seoul - QNA
Samsung Electronics Company said Tuesday it has been reviewing the possibility of creating a holding company structure to improve the company's corporate structure and enhance its transparency.
In a statement, Samsung said it will also increase total dividends in 2016 by 30% on year, bringing the annual dividend amount to 4 Trillion Won (US$3.4 Billion).
"Samsung Electronics has taken steps to simplify its business to concentrate on core capabilities in the past several years and the company continues to review opportunities to optimize long-term value," Samsung said in the statement carried by Korean News Agency (Yonhap) today.
"This includes the possibility of creating a holding company structure and the potential benefits and feasibility of listing the company's shares on additional international exchanges," it said.
Samsung said it will take about six months for the review to be completed
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 14:01 2018 Thursday ,30 August
Expat with rare heart disorder gets life-saving surgeryGMT 11:37 2012 Tuesday ,17 July
\'Dabke\' representing Palestine in dance festival
GMT 22:17 2017 Monday ,25 September
Stephens crashes out of Wuhan Open
GMT 14:51 2017 Tuesday ,18 July
Palestinian carries out West Bank car ramming, shot deadGMT 09:29 2011 Saturday ,03 September
Cristiano Ronaldo:\'I shut people up all year\'
GMT 13:25 2017 Tuesday ,24 January
Software giant SAP sees silver lining in global upheaval
GMT 14:05 2016 Monday ,19 December
OnTheBox PR represents James Dunmore who made his television debut
GMT 09:37 2017 Tuesday ,21 November
Sixth Miss World win draws India level
GMT 12:24 2017 Tuesday ,21 November
SAGITTARIUS (November23rd-December21st)
GMT 10:21 2017 Wednesday ,18 October
Egypt’s former football official calls Cuper
GMT 00:49 2014 Saturday ,30 August
Daum to launch North Korean map service
GMT 10:29 2013 Monday ,17 June
UoB acquires a modern Distribution Control System UoB acquires a modern Distribution Control SystemGMT 12:23 2012 Sunday ,05 August
Afghanistan\'s National Museum regains treasuresGMT 19:43 2011 Sunday ,11 September
Bring your dancing shoes to Koh Samui\'s coolest party zone
GMT 13:46 2017 Wednesday ,01 November
Assad’s departure is not condition for the political processGMT 17:04 2012 Friday ,09 March
Egypt verdict expected Sunday
GMT 03:52 2016 Monday ,16 May
Paris to continue promoting peace bid despite Israel's objection
GMT 10:24 2016 Wednesday ,27 April
Plotters charged in killing of Australian police accountant
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor