Lee Seo-hyun is pushing to sell all of Samsung SDS's shares to pay inheritance taxes
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
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hoondork@alphabiz.co.kr | 2023-02-10 07:00:47
[Alpha Biz=(Chicago) Reporter Paul Lee] Lee Seo-hyun, chairman of the Samsung Welfare Foundation, plans to sell all SDS shares to pay inheritance taxes.
According to the Financial Supervisory Service's electronic disclosure on the 9th, Chairman Lee signed a trust contract with Hana Bank to dispose of 1,511,584 shares of Samsung SDS on the 2nd. The purpose of the disposal is to "pay inheritance tax," and the contract period is until April 28. About 1.51 million shares are all Samsung SDS shares held by Chairman Lee. It is worth 198.6 billion won based on the closing price (131,400 won).
Chairman Lee also sold 1.51 million shares, or half of his stake in Samsung SDS at the time, with his older sister, Hotel Shilla President Lee Boo-jin, last year. In October 2021, it signed a trust contract with KB Kookmin Bank to pay inheritance taxes and sold it the following year. As a result, President Lee Boo-jin is also expected to sell the remaining shares of Samsung SDS to pay inheritance taxes.
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