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Late former Samsung Group chairman's daughter to sell $330 million worth of shares to pay inheritance tax

Hotel Shilla CEO Lee Boo-jin, the daughter of late former Samsung Group Chairman Lee Kun-hee, is seeking to sell over 5.2 million Samsung Electronics shares in an after-hours block deal, according to market sources, Tuesday. The 447 billion won ($330 million) to be cashed will be used to pay part of the inheritance tax total of 12 trillion won levied on the family, which will be paid in five yearly installments throughout next year. ....

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Hotel Shilla CEO to sell W440b of Samsung shares

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. ....

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National Museum of Korea 6th most-visited museum globally in 2023: report

The National Museum of Korea in Seoul ranked sixth in terms of its total number of visitors in 2023, in a survey of 100 museums and galleries worldwide. According to the UK-based Art Newspaper, the figure for the state-run museum came to 4,180,285. The Louvre Museum in Paris topped the list with 8,860,000 visitors and the Vatican Museums followed with 6,764,858. The British Museum in London ranked in third place with. ....

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Lee Kun-hee collection to be exhibited at 10 national museums

The National Museum of Korea’s 10 regional museums across the country will start showcasing over 2,000 artifacts donated by the late Samsung Group Chairman Lee Kun-hee as early as mid-April. The 2,254 pieces, which include 107 nationally-recognized objects, are part of over 20,000 pieces donated by Lee, a prolific collector of Korean and contemporary art. The collection spans from calligraphy and paintings to c. ....

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Daughter of late Samsung chairman becomes Samsung C&T president

Lee Seo-hyun, the second daughter of late Samsung Group Chairman Lee Kun-hee and the younger sister of Samsung Electronics Chairman Lee Jae-yong, is returning to the management as she takes the post of president at Samsung C&T. Samsung C&T, the construction and energy arm of Samsung Group that acts as a holding company for major affiliates of the group, said Friday that it named Lee as the president, who is i. ....

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