Filing shows for first time how late Samsung chairman's stake shared (updated)

SAMSUNG SDS

30/04/2021 09:07

(Adds detail)
    By Joyce Lee
    SEOUL, April 30 (Reuters) - The stake held by the late
Samsung Electronics  005930.KS  Chairman Lee Kun-hee in Samsung
C&T  028260.KS  was divided among his son Jay Y. Lee, his two
daughters and his wife, Samsung C&T said in a regulatory filing
on Friday.
    This is the first time the information has been publicly
disclosed since Lee, credited with turning Samsung into the
world's largest smartphone and memory chip maker, died last
October.  urn:newsml:reuters.com:*:nL1N2ML031
    Among the late Lee's 5,425,733 shares in Samsung C&T, Jay Y.
Lee received about 22%, the regulatory filing said. Daughters
Lee Boo-jin and Lee Seo-hyun also received about 22% of the late
Lee's shares, while wife Hong Ra-hee received about 33%. 
    The portions were according to South Korean law's
inheritance ratio. 
    It was unclear whether the regulatory filing represented the
final division of the late Lee's stake in Samsung C&T.
    Yonhap news agency said earlier on Friday that the family
may not have finalised how the late Lee's stockholdings will be
divided upon inheritance, and the division of the stockholdings
may be changed later on. 
    

 (Reporting by Joyce Lee; Editing by Edmund Blair and Jane
Merriman)
 ((jungyoon.lee@tr.com; +82 2 6936 1467;))