Samsung SDI Co Ltd (006400.KS)
5 Feb 2016
* SDI considering seeking extension beyond March 1 deadline (Updates with comments from a Samsung Group spokeswoman)
SEOUL South Korean conglomerate Samsung Group said on Sunday its battery-making arm Samsung SDI Co Ltd will sell $622 million worth of shares in sister firm Samsung C&T Corp to comply with regulatory requirements.
SEOUL, Dec 27 South Korean conglomerate Samsung Group said on Sunday its battery making affiliate Samsung SDI Co Ltd will sell 5 million shares in Samsung C&T Corp to comply with an order from local regulators.
* Battery sector gained in prominence after Tesla move (Recasts, adds details, background, bullets)
* Samsung group electric car/parts patent filings up since 2010
* Lotte to buy stake in assets including Samsung Fine Chemicals -paper
* To sell HQ building with book value of 350 bln won (Adds quotes, Samsung Group reorganization)