Lee Boo-jin, the president and chief executive of Hotel Shilla, will reportedly sell some 440 billion won ($325 million) in Samsung Electronics stock, in an apparent bid to pay off her inheritance tax. Industry sources revealed Tuesday that Lee, a member of the Samsung Group founding family, is assessing buyer demand for a block deal involving 5,247,140 shares in the tech giant. Should the sale proceed, her sharehold.
Most Kids Get Their 1st Banking Experience from Online Banks chosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chosun.com Daily Mail and Mail on Sunday newspapers.
Since major bankers newly launched 50-year maturity mortgage loans in July, balances for lenders loan products have swelled quickly in just a month, raising concerns about the aggravated household debt situation in the country.