Samsung Electronics Chairman Lee Jae-yong and former Leeum Museum director Hong Ra-hee attend the commissioning ceremony for the 139th class of Naval Academy officer candidates at the Naval Academy in Jinhae-gu, Changwon, South Gyeongsang Province, on the afternoon of Nov. 28. /Courtesy of News1

Samsung Electronics Chairman Lee Jae-yong's equity stake in Samsung C&T is set to increase after his mother, Hong Ra-hee, honorary director of the Leeum Museum of Art, donated all the shares she owns.

On the 2nd, Samsung C&T disclosed that Honorary Director Hong will donate to her eldest son, Chairman Lee, all Samsung C&T shares she holds (1,808,577 shares, 1.06% by equity). The donation date is Jan. 2 next year.

The shares to be donated total 1,808,577, representing 1.06% by equity. Chairman Lee's equity rises to 20.99%.

Samsung C&T sits at the top of Samsung's governance structure. Chairman Lee is the largest shareholder of Samsung C&T.

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