Svmuu News: According to a report by the South Korean media outlet Bloter, sources revealed that Samsung Electronics has begun internally exploring various options for issuing ADRs in the United States and has started evaluating the relevant operational procedures.Bloomberg reported on July 14 that Samsung Electronics had held preliminary discussions with several investment banks regarding a U.S. listing via ADRs; Samsung Electronics responded by stating that it was not considering a U.S. market listing through the issuance of ADRs.
However, market observers believe that Samsung Electronics’ denial does not mean the possibility of issuing ADRs in the future has been completely ruled out. Although the company has denied these plans, under management’s direction, relevant business units have begun evaluating the potential costs, benefits, and procedures required for an ADR offering.
Sources in the semiconductor industry revealed on July 15 that company management recently asked relevant departments to investigate whether a feasible structure suitable for the company’s ADR issuance could be designed. As part of this investigation, Samsung Electronics personnel have sought information from SK Hynix, which recently completed an ADR offering and listed on the Nasdaq. (Jin Shi)