DART Filing · Auto-translated
📌 Key Filing Highlights
- Event Type: Gift to a Related Party (Non-profit organization)
- Total Gift Value: 11.8 billion KRW (~$8.86M USD based on 1334 KRW/USD)
- Recipient: Sungkyunkwan University Industry-Academic Cooperation Foundation
- Board Approval Date: October 29, 2026
Filing Overview and Core Decision
On October 29, 2026, Samsung Electronics officially disclosed a gift provided to a related party in accordance with Article 26 of the Monopoly Regulation and Fair Trade Act. The company’s Board of Directors has approved the provision of monetary funds and the right to free use of real estate to the Sungkyunkwan University Industry-Academic Cooperation Foundation, a non-profit entity.
Detailed Filing Terms and Specifications
| Metric | Details |
|---|---|
| Recipient | Sungkyunkwan University Industry-Academic Cooperation Foundation (Non-profit Corporation) |
| Gift Assets | Cash and Right to Free Use of Real Estate |
| Gift Value | 11,800 million KRW (~$8.86M USD) |
| Cumulative Gift Amount | 11,800 million KRW (~$8.86M USD) |
| Board Resolution Date | October 29, 2026 |
| Board Attendance | Independent Directors: 5 Present, 0 Absent / Auditor: Present |
| Total Assets (End of Prev. FY) | 358,902,051 million KRW (~$269.12B USD) |
| Ratio to Total Assets | 0.003% |
Operational Purpose and Company Rationale
The company has specified the following details regarding the composition and timing of the gift:
- Composition of Value: The total gift value of 11.8 billion KRW consists of cash support amounting to 7.8 billion KRW (~$5.85M USD) and the estimated value of the free provision of buildings and auxiliary facilities amounting to 4.0 billion KRW (~$3.00M USD).
- Execution Timeline: Following the execution of the contract with the recipient, the cash payment and the provision of buildings/facilities are scheduled to take place within the 2026 calendar year.
- Financial Basis: The total assets cited for the previous business year are based on the separate financial statements as of the end of 2025.