Home UPDATE 1-Samsung's Cheil doubles upon debut after $1.4 bln listing
 

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UPDATE 1-Samsung's Cheil doubles upon debut after $1.4 bln listing

2014-12-18 08:24:02| Semiconductors - Topix.net

Shares in Cheil Industries Inc , the de facto holding company of Samsung Group , doubled on its debut on Thursday in the latest in a series of steps toward generational succession for South Korea's largest conglomerate. Cheil is about 42 percent owned by Samsung Electronics Co Ltd Chairman Lee Kun-hee and his three children, and is expected to be the main vehicle through which the family will keep control of the group.

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