SEOUL: Tech giant Samsung Electronics Co Ltd said on Sept 18 it sold shares in four companies, including ASML Holding NV and Seagate Technology Plc, to free up money for additional investments for its core businesses.
Samsung said in a statement it sold about half of its shares in ASML while selling its entire 4.2% stake in Seagate. The company also sold its 0.7% stake in Sharp Corp and its 4.5% stake in Rambus Inc.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!