SamsungFN REIT Files Routine Corporate Group Status Disclosure: Financials and Affiliate Shareholdings
SamsungFN REIT, as an affiliate of the Samsung conglomerate, filed its annual corporate group status disclosure, noting that the overall group disclosure is filed by Samsung Electronics and should be referenced.
SamsungFN REIT is a listed REIT engaged in real estate leasing. As of the end of the previous fiscal year, total assets were 866,212 million KRW, total liabilities 461,603 million KRW, total equity 404,609 million KRW, and debt ratio 114.09%.
During the same period, it recorded revenue of 48,366 million KRW, operating profit of 31,717 million KRW, and net income of 13,929 million KRW.
As of the designated date, Samsung Life holds 17,762,406 shares (19.51%), Samsung Fire & Marine holds 17,055,679 shares (18.73%), and related parties collectively hold 38.92%, with other shareholders holding 61.08%. Total outstanding shares are 91,050,000.
During the disclosure period, the board resolved cash dividends four times (10th to 13th terms), but dividend amounts were not separately disclosed.
SamsungFN REIT earns rental income from affiliates such as Samsung Life, Samsung Fire & Marine, and S-1. In the most recent quarter, related-party transaction revenue amounted to 8,371 million KRW (private contracts).
[AI Summary]This filing is a routine periodic report mandated for large conglomerate affiliates. It contains no material events such as new financing, share changes, or dividend increases that would directly impact shareholder value. Therefore, the impact on the stock price is expected to be neutral.
KOSPI Filing Information
Filing: [Correction of Description] Large Business Group Status Disclosure [Annual Disclosure and for 1st Quarter (Individual Company)]