[EQUITIES] ‘Spin-off to be governance disadvantage for Samsung SDS’
By 황유미Published : Oct. 28, 2016 - 10:59
[THE INVESTOR] Samsung SDS will be put in an unfavorable position after its spin-off in terms of corporate governance, according to Shinhan Investment on Oct. 28.
The securities firm maintained its “neutral” position on investment.
“The spin-off will take place in first half of 2017, and the logistics division will probably be merged into Samsung C&T in which major shareholders have relatively higher stakes,” said analyst Gong Yeong-gyu.
“If the IT service division succeeds in merging with Samsung Electronics, however, it can be interpreted in a favorable way,” added the analyst.
By Hwang You-mee (glamazon@heraldcorp.com)
The securities firm maintained its “neutral” position on investment.
“The spin-off will take place in first half of 2017, and the logistics division will probably be merged into Samsung C&T in which major shareholders have relatively higher stakes,” said analyst Gong Yeong-gyu.
“If the IT service division succeeds in merging with Samsung Electronics, however, it can be interpreted in a favorable way,” added the analyst.
By Hwang You-mee (glamazon@heraldcorp.com)
