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Lee Jae-yong Pays
- The Samsung Lee family paid a 12 trillion KRW inheritance tax tied to late chairman Lee Kun-hee’s 26 trillion KRW estate.
- Samsung heir Lee Jae-yong’s mother sold roughly 15 million shares worth about £1.5 bn to meet the final installment.
- Samsung Electronics shares rose 5.4% to close at 232,500 KRW, crossing the 230,000 KRW level for the first time.
- The KOSPI closed at 6,936.9 points, up 5.1% and breaking the 6,900 mark for the first time.
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