The first on-line and offline simultaneous shareholders’ meeting in history
Children’s shareholders also attended, realizing the status of’nationalism’
Civic Group Pressing “Removal of Executive Vice Chairman Lee”
General Shareholders “Why lived in prison… I have to keep my seat”
Vice Chairman Kim Ki-nam “Lee, comprehensive review of employment restrictions
Discovering future growth fields through strategic M&A”
Instead of’passing applause’, the first electronic ballot on all agendas
The 52nd regular shareholders’ meeting of Samsung Electronics is being held on the 17th at the Suwon Convention Center in Yeongtong-gu, Suwon, Gyeonggi-do. On this day, according to the guidelines of 2m distance for the prevention of Corona 19, only 1200 seats were placed in a space with an area of 7,000 or more, and the attending shareholders were counted at 900, which is twice the level of last year.
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▲ Hot interest in’Donghak Ant’
The 52nd regular shareholders’ meeting of Samsung Electronics is being held on the 17th at the Suwon Convention Center in Yeongtong-gu, Suwon, Gyeonggi-do. On this day, according to the guidelines of 2m distance for the prevention of Corona 19, only 1200 seats were placed in a space with an area of 7,000 or more, and the attending shareholders were counted at 900, which is twice the level of last year.
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On the 17th, the 52nd general shareholders’ meeting of Samsung Electronics on the 17th, which attracted the attention of 2.15 million minority shareholders, was held in a more youthful and calm atmosphere, instead of unilateral’passing of applause’ or the disappearance of the voice of the voice. Vice-Chairman Lee Jae-yong’s job restrictions were raised around civic groups, and speeches between civic groups and shareholders went back and forth, but it did not lead to a harsh argument or physical conflict.
The Samsung Electronics Shareholders’ Meeting held at the Suwon Convention Center in Suwon, Gyeonggi-do on that day was held with 900 shareholders, twice the amount of last year. From two hours before the start of the event, shareholders waited for admission, and among them, various age groups, from elementary school children to college students and the elderly, stood out, realizing the status of Samsung Electronics as a’nationalist’.
The state-of-the-art meeting, chaired by Vice Chairman Kim Ki-nam of the Device Solutions (DS) division, raised the level of tension as members of the Participatory Solidarity and Economic Reform Solidarity discussed the issue of Lee’s position. The Participating Solidarity side said, “The board of directors must decide to dismiss Lee,” who was sentenced to imprisonment and was notified of employment restrictions by the Ministry of Justice. “I want you to do it,” he pressed.
On the other hand, vice-chairman Lee argued that it was essential and advocated rebuttal remarks. One female shareholder insisted, “Why do you do a good job and live in jail?” did. At the time of the shareholders’ remarks, applause came out.
Vice-Chairman Kim avoided a specific answer, saying, “We will consider the role of Vice Chairman Lee Jae-yong, such as global network and future business decisions, and comprehensively review the company situation and legal regulations.” The Samsung Compliance Committee is scheduled to discuss the issue of restrictions on employment by Vice Chairman Lee at a regular meeting on the 19th.
Vice Chairman Kim also said, “If we can seize the opportunity for growth, we are exploring M&A regardless of field.” “It is difficult to specify the timing of implementation due to internal and external uncertainties, but we will discover future growth areas through strategic M&A.”
Samsung Electronics issued an electronic voting terminal for the first time this year and voted on all agendas. Each agenda was treated as a terminal ballot that took one minute, and the appearance of the past shareholders’ meeting, which called for a backlash from shareholders, naturally disappeared while pushing for a vote in favor with applause. For the first time at this shareholders meeting, an online broadcast system and pre-online questioning were introduced. It is interpreted as a measure taking into account the Corona 19 crisis and the younger age of shareholders. The agendas, such as the appointment of internal and external directors, were all passed according to the original plan.
As in last year, this year’s shareholders’ meeting took place under the guidelines for COVID-19 prevention, such as a distance of 2m. Participating shareholders were allowed to enter the interior after checking the heat, disinfecting their hands, and wearing masks, and Samsung Electronics gave them separate personal hand sanitizers and quarantine masks along with the sales report.
Reporter Ahn Seok [email protected]