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Foreign Investors Pull out of Samsung Electronics Ownership

Foreign Investors Pull out of Samsung Electronics Ownership

SEOUL, Sept. 29 (Korea Bizwire) – Foreign ownership of Samsung Electronics Co. has dropped below the 51 percent level for the first time in 14 months, market data showed Tuesday, as offshore investors continue to sell its shares due to a bleak earnings outlook. Foreign holdings of Samsung Electronics shares came to 50.76 percent as [...]

NPS, Korea’s Biggest Fund, Suffers Heavy Loss in Samsung Stocks

NPS, Korea’s Biggest Fund, Suffers Heavy Loss in Samsung Stocks

SEOUL, Aug. 26 (Korea Bizwire) – South Korea’s state-run pension fund has suffered heavy valuation losses from its investment in two Samsung Group units over the past two months as the stocks have plunged after their merger plan was approved by shareholders last month, data showed Wednesday. The National Pension Service (NPS) — which holds [...]