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Samsung C&T Corporation (028260.KS)
| Previous close | 119,300.00 |
| Open | 118,900.00 |
| Bid | 118,900.00 x 0 |
| Ask | 119,000.00 x 0 |
| Day's range | 118,400.00 - 119,600.00 |
| 52-week range | 99,300.00 - 121,500.00 |
| Volume | |
| Avg. volume | 191,039 |
| Market cap | 19.414T |
| Beta (5Y monthly) | 0.70 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 30 Jan 2024 - 05 Feb 2024 |
| Forward dividend & yield | 2,300.00 (1.93%) |
| Ex-dividend date | 28 Dec 2022 |
| 1y target est | 156,846.00 |
- Financial Times
Prosecutors seek 5 years for Samsung chief for alleged stock manipulation
Prosecutors allege that Lee, who was vice-chair of Samsung Electronics in 2015, was among a group of executives who inflated the stock price of Cheil Industries, a textile company, and devalued Samsung C&T, a construction and engineering business, during the merger to help cement the billionaire scion’s control of the conglomerate. “The defendants undermined the foundation of the country’s capital markets to smooth the leader’s succession,” the prosecutors said on Friday.
- Reuters
UPDATE 3-Samsung boss denies wrongdoing as South Korea prosecutors seek jail term over 2015 merger
Samsung Electronics chairman Jay Y. Lee denied wrongdoing on Friday after South Korean prosecutors called for him to be jailed for five years on charges of accounting fraud and stock price manipulation involving an $8 billion merger of Samsung affiliates in 2015. The case is the last against Lee, who was pardoned for an earlier, separate conviction and last year cemented his leadership position of Samsung as executive chairman. During Friday's hearing at Seoul Central District Court, prosecutors accused Lee, 55, and other former executives of violating the Capital Markets Act to make possible the 2015 merger that helped Lee assume greater control of the group's flagship Samsung Electronics.
ReutersSamsung boss denies wrongdoing as South Korea prosecutors seek jail term over 2015 merger
SEOUL (Reuters) -Samsung Electronics chairman Jay Y. Lee denied wrongdoing on Friday after South Korean prosecutors called for him to be jailed for five years on charges of accounting fraud and stock price manipulation involving an $8 billion merger of Samsung affiliates in 2015. The case is the last against Lee, who was pardoned for an earlier, separate conviction and last year cemented his leadership position of Samsung as executive chairman. During Friday's hearing at Seoul Central District Court, prosecutors accused Lee, 55, and other former executives of violating the Capital Markets Act to make possible the 2015 merger that helped Lee assume greater control of the group's flagship Samsung Electronics.
