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The 36th term meeting for stockholders 7836
The 36th term meeting for stockholders


* Samyang Genex recorded total sales of 209 billion won and a net income of 23.8 billion won.
* Samyang Genex distributed 17% of regular shares in cash and 18% of preferred shares in cash.

Samyang Genex held the 36th term meeting for stockholders (July 1999 ~ June 20000) at the headquarters on Aug. 29. A briefing was given on business performance for the past fiscal year, including the balance sheet of total sales for the term at 209 billion won and the net income at 23.8 billion won, and P&L statement approval.

In addition, it was decided that 17% of regular shares and 18% of preferred shares in cash would be distributed to stockholders.

In the director¡¯s meeting following the regular stockholders¡¯ meeting,

Jin-Keun Kim, an senior vice president was promoted to the Executive VP, Soon-kil Kwon, vice presidents was promoted to and finally Jung Kim was promoted to vice president.