Composition
The Management Committee shall comprise at least two but no more than nine executive directors, who are appointed by a board resolution, in accordance with relevant laws and regulations.Currently, the committee consists of three executive directors, and is chaired by executive director Young Ho Lee.
| Management Committee members | ||
|---|---|---|
| Young Ho Lee (Chair) | Jung Suk Koh | Keum Yong Chung |
Operation
The Management Committee will convene, whenever deemed necessary
- The convening of meetings, method of resolution, and opinion seeking and all other operation details will be determined by the Management Committee guidelines.
Major items for deliberation
- Basic operating principle and policies
- Development of important new business or product
- Open, transfer or close of new local office or subsidiary
- Conclusion of technology inducement agreement, technology transfer, and technological partnership
- Award or conclusion of new contract, termination or conclusion of new sales agency agreement or supply contract
- Purchase or sale of tangible asset, conclusion of loan contract, equity investment or sale of equity investment in other company
- Enter litigation, compromise, or other
Committee Activities
| Event date | Agendas | Approved | Attendance |
|---|---|---|---|
| 2019. 12. 30 | 1. T&I, Residual Equity Sale of Sakhalin Coal Mine | Approved | - |
| 2019. 12. 16 | 1. Report on the Company's Performance Evaluation and Incentive Payment for 2nd half 2019 | Approved | - |
| 2019. 11. 18 | 1. T&I, Establishment of Trading Subsidiary in Peru | Approved | - |
| 2. E&C, Loan Extension(Saudi Subsidiary) | Approved | ||
| 3. HQ Borrowing and Guarantee for Overseas Subsidiary | Approved | ||
| 2019. 10. 23 | 1. Approval of Donation to an External Organization | Approved | - |
| 2. Report on the Operational Status of the Internal Accounting Management System | Approved | ||
| 2019. 09. 25 | 1. E&C, Increasing loan payment to cooperative for urban development project of Songdo railway station sphere | Approved | - |
| 2. E&C, Payment guarantee of housing rebuilding PJT expenses | Approved | ||
| 3. E&C, Bidding for UAE Fujairah F3 Combined Cycle Power | Approved | ||
| 4. E&C, Bidding for Bangladesh Meghnaghat Combined Cycle Power plant | Approved | ||
| 5. Approval of Donation to an External Organization | Approved | ||
| 2019. 08. 23 | 1. Approval of Donation to an External Organization | Approved | - |
| 2. Approval of Donation to an External Organization | Approved | ||
| 3. Approval of Donation to an External Organization | Approved | ||
| 4. Approval of Donation to an External Organization | Approved | ||
| 2019. 07. 24 | 1. Approval of Donation to an External Organization | Approved | - |
| 2019. 07. 02 | 1. 2019 Company Performance Evaluation and Disbursement of Target Incentives | Approved | - |
| 2019. 05. 22 | 1. HQ Borrowing and Guarantee for Overseas Subsidiary | Approved | - |
| 2019. 04. 11 | 1. Approval of Donation to an External Organization | Approved | - |
| 2019. 03. 20 | 1. Issue regarding Samsung C&T's equity commitment to mixed-use building PJT at the northern area of Seoul Railway Station | Approved | - |
| 2019. 03. 18 | 1. Bidding for the Dhaka Airport in Bangladesh | Approved | - |
| 2. Headquarters' guarantee of debt payment of Samsung C&T India Private Limited | Approved | ||
| 2019. 02. 27 | 1. Sale of E&C’s Share of Rabigh 2 IPP | Approved | - |
| 2. HQ Borrowing and Guarantee for Overseas Subsidiary | Approved | ||
| 2019. 01. 23 | 1. Sale of Stakes in Han All Co., Ltd (Sacheon CC) | Approved | - |
| 2. Disbursement of Donations to External Organizations | Approved | ||
| 3. 2018 Perfomance Incentive Payment | Approved |
| Event date | Agendas | Approved | Attendance |
|---|---|---|---|
| 2018. 12. 19 | 1. Increase of Capital in Overseas Subsidiaries | Approved | - |
| 2. Report on the Company's Performance Evaluation and Incentive Payment for 2nd half 2018 | Approved | ||
| 2018. 11. 23 | 1. Additional Investment into the Turkey Gaziantep Healthcare Project | Approved | - |
| 2. Liquidation of Subsidiary | Approved | ||
| 3. HQ Borrowing and Guarantee for Overseas Subsidiary | Approved | ||
| 4. Approval of Donation to an External Organization | Approved | ||
| 2018. 10. 24 | 1. Approval of bidding for Magnama CCPP in Bangladesh | Approved | - |
| 2. Approval of bidding for Taweelah IPP in UAE | Approved | ||
| 2018. 09. 19 | 1. Approval of Payment Guarantees and Loans for Residential Complex Renewal Project | Approved | - |
| 2. Approval of Additional Financing Loans needed for the Urban Development Project of the Songdo Station Sphere | Approved | ||
| 3. Approval of Bidding for the WestConnex 3b Project in Australia | Approved | ||
| 2018. 08. 30 | 1. Disposal of Bulgaria Solar PJT (43MW) Equity Shares | Approved | - |
| 2. Disposal of Seocho Office Building | Approved | ||
| 3. HQ Borrowing and Guarantee for Overseas Subsidiary | Approved | ||
| 2018. 08. 10 | 1. Approval for opening a new credit line for new issuance of WCX3a bank guarantees/securities | Approved | - |
| 2. Donation to Laos disaster relief by E&C | Approved | ||
| 2018. 07. 25 | 1. Approval of Additional Investment & Bond Guarantee for Dongducheon CCPP E&C Group | Approved | - |
| 2. Approval for Junior C&T Academy Operation Budget | Approved | ||
| 2018. 07. 04 | 1. The Company's performance evaluation and incentive payment for the first half of 2018 | Approved | - |
| 2018. 05. 16 | 1. Approval of Equity Investment under Financial Agreement and Contract Execution for Gangneung Ahnin CFPP, E&C Group | Approved | - |
| 2. Approval of HQ Borrowing and Guarantee for Overseas Subsidiary | Approved | ||
| 2018. 04. 25 | 1. Measure to increase capital for overseas subsidiaries and extension of loan gaurantee | Approved | - |
| 2. Measure to approve the contribution to the Foundation for Overseas Resources Development | Approved | ||
| 3. Measure to approve facility investment for integrated logistics center construction | Approved | ||
| 2018. 02. 28 | 1. Measure in relation to HQ borrowing and HQ guarantees on overseas offices | Approved | - |
| 2018. 02. 14 | 1. Measure to approve bidding for the India marine bridge project | Approved | - |
| 2018. 01. 31 | 1. Measure to extend and increase the guarantee for the India subsidiary | Approved | - |
| 2018. 01. 24 | 1. Measure to approve the contract for housing projects and providing guarantee for maintenance business | Approved | - |
| 2. Measure to approve bidding for the the Shinahn Line double track train project | Approved | ||
| 3. Measure to exectute incentive payment for 2017 | Approved | ||
| 4. Measure to execute financial donations | Approved | ||
| 5. Measure to dispose of the Geumcheon Logistics Center | Approved | ||
| 2018. 01. 02 | 1. Measure to approve the provisional contract for the subcontract of the Gangneung Ahnin CFPP | Approved | - |
| Event date | Agendas | Approved | Attendance |
|---|---|---|---|
| 2017. 12. 19 | 1. Measure for the company's performance evaluation and incentive payment for the second half of 2017 | Approved | - |
| 2. Measure to execute financial donations | Approved | ||
| 2017. 11. 13 | 1. Measure in relation to HQ borrowing and HQ guarantees on overseas offices | Approved | - |
| 2017. 10. 19 | 1. Measure to tender for the Singapore Tekong polder project | Approved | - |
| 2. Measure to tender for the Australia WestConnex 3A project | Approved | ||
| 3. Measure to approve extension of payment guarantees on the Gangdong complex development project | Approved | ||
| 4. Measure to sell a stake of the solar power project in Ontario, Canada | Approved | ||
| 5. Measure to sell a US offshore oil field and liquidate a subsidiary | Approved | ||
| 2017. 09. 20 | 1. Measure to file an arbitration request for Qatar Doha metro project | Approved | - |
| 2. Measure to tender for the Hong Kong Tung Chung reclamation project | Approved | ||
| 3. Measure to execute financial donations | Approved | ||
| 2017. 09. 06 | 1. Measure to provide HQ guarantees to Canada subsidiary | Approved | - |
| 2017. 08. 25 | 1. Measure to tender for the Singapore tunnel corridor project | Approved | - |
| 2. Measure to open the Bangladesh branch | Approved | ||
| 2017. 08. 16 | 1. Measure in relation to HQ borrowing and HQ guarantees on overseas offices | Approved | - |
| 2017. 07. 26 | 1. Measure to provide HQ guarantees to India subsidiary | Approved | - |
| 2017. 07. 03 | 1. Measure for the company's performance evaluation and incentive payment for the first half of 2017 | Approved | - |
| 2017. 06. 27 | 1. Measure to provide loan and payment guarantees on housing renovation projects | Approved | - |
| 2. Measure for payment of the 4th long-term incentives | Approved | ||
| 2017. 05. 19 | 1. Measure in relation to HQ borrowing and HQ guarantees on overseas offices | Approved | - |
| 2017. 04. 26 | 1. Measure to tender for the Singapore wharf project | Approved | - |
| 2. Measure to provide HQ guarantees to UK subsidiary | Approved | ||
| 2017. 04. 13 | 1. Measure to tender for the Sri Lanka power plant IPP project | Approved | - |
| 2. Measure to execute the 1st round of 2017 financial donations | Approved | ||
| 2017. 03. 20 | 1. Measure to file an arbitration request for Rabigh2 power plant project against client | Approved | - |
| 2. Measure to approve loan to housing co-op for housing renovation and repair projects | Approved | ||
| 3. Measure to increase credit guarantee limit on Roy Hill project | Approved | ||
| 2017. 02. 14 | 1. Measure to tender for the Sri Lanka airport expansion project | Approved | - |
| 2. Measure to approve loan to housing co-op for housing renovation and repair project | Approved | ||
| 3. Measure to conditionally withdraw cancellation of construction contract on Balkhash power plant project | Approved | ||
| 4. Measure in relation to HQ borrowing and HQ guarantees on overseas offices | Approved | ||
| 2017. 02. 03 | 1. Measure to sign a deed of settlement for Roy Hill project with the client | Approved | - |
| 2017. 01. 23 | 1. Measure to sign a conditional guarantee contract on Balkhash power plant project | Approved | - |
| Event date | Agendas | Approved | Attendance |
|---|---|---|---|
| 2016. 11. 22 | 1. Measure to withdraw the Chile branch | Approved | - |
| 2. Measure to sell of the Nonhyeondong building | Approved | ||
| 3. Measure in relation to HQ borrowing and HQ guarantees on overseas offices | Approved | ||
| 2016. 10. 18 | 1. Measure to sell a stake in Busan Newport | Approved | - |
| 2. Measure to reduce capital and provide guarantees on the solar power business in Bulgaria | Approved | ||
| 2016. 08. 29 | 1. Measure to change a schedule to exercise a put option and to cancel a construction contract on Kazakhstan Balkhash power plant project | Approved | - |
| 2016. 08. 26 | 1. Measure to exercise a put option on Kazakhstan Balkhash power plant project | Approved | - |
| 2. Measure to cancel a construction contract on Kazakhstan Balkhash power plant project | Approved | ||
| 2016. 08. 22 | 1. Measure to provide payment guarantees on housing renovation projects | Approved | - |
| 2. Measure in relation to HQ borrowing and HQ guarantees on overseas offices | Approved | ||
| 2016. 06. 27 | 1. Measure to make an equity investment on Turkey Gaziantep project | Approved | - |
| 2016. 06. 22 | 1. Measure to sell off a stake of the wind farm in Ontario | Approved | - |
| 2. Measure to cancel a construction contract on Yeouido PARC 1 project | Approved | ||
| 3. Measure to liquidate a subsidiary in Brazil | Approved | ||
| 2016. 06. 01 | 1. Measure to increase loan to housing co-op for housing renovation and repair projects | Approved | - |
| 2. Measure to provide performance guarantees on US offshore oil field project | Approved | ||
| 3. Measure in relation to HQ borrowing and HQ guarantees on overseas offices | Approved | ||
| 4. Measure to change the location of the head office | Approved | ||
| 2016. 04. 27 | 1. Measure to change liquidator of the Taiwan branch | Approved | - |
| 2. Measure to exit Chile copper refining project | Approved | ||
| 2016. 03. 30 | 1. Measure to provide HQ guarantees to UK subsidiary | Approved | - |
| 2. Measure to provide payment guarantees on housing renovation projects | Approved | ||
| 3. Measure to establish a subsidiary in China | Approved | ||
| 2016. 03. 11 | 1. Measure to respond to shareholders who disagreed with the stock purchase price | Approved | - |
| 2016. 02. 29 | 1. Measure to amend disposal of stake conditions of Samsung Fine Chemical | Approved | - |
| 2016. 02. 24 | 1. Measure to cancel a subcontract agreement | Approved | - |
| 2. Measure in relation to HQ borrowing and HQ guarantees on overseas offices | Approved | ||
| 3. Measure to respond to shareholders who disagreed with the stock purchase price | Approved | ||
| 2016. 01. 20 | 1. Measure to pay long-term performance incentives | Approved | - |
| 2016. 01. 18 | 1. Measure in relation to mediation request with the commissioning entity | Approved | - |
| 2016. 01. 06 | 1. Measure in relation to performance guarantees for Malaysian RAPID project | Approved | - |
| Event date | Agendas | Approved | Attendance |
|---|---|---|---|
| 2015. 12. 30 | 1. Measure in relation to performance guarantees for Malaysian RAPID project | Pending | - |
| 2015. 12. 16 | 1. Measure to revise country club bylaws | Approved | - |
| 2. Measure in relation to HQ borrowing and HQ guarantees on overseas offices | Approved | ||
| 2015. 11. 27 | 1. Measure to respond to shareholders who disagreed with the stock purchase price | Approved | - |
| 2015. 11. 18 | 1. Measure to approve extension of performance guarantees with Korea Eximbank | Approved | - |
| 2. Measure to provide payment guarantees to housing renovation projects | Approved | ||
| 2015. 10. 30 | 1. Measure to sell a stake in Samsung Fine Chemical | Approved | - |
| 2015. 10. 16 | 1. Measure to change business model for Ontario's third-stage solar power project | Approved | - |
| 2. Measure to sign a subcontract agreement with Australia's WestConnex M5E | Approved | ||
| 2015. 10. 14 | 1. Measure to change business model for Ontario's third-stage solar power project | Pending | - |
| 2. Measure to sign a subcontract agreement with Australia's WestConnex M5E | Pending | ||
| 3. Measure to provide payment guarantees on housing renovation projects | Approved | ||
| 4. Measure to open a new branch office and replace the branch head | Approved | ||
| 2015. 09. 11 | 1. Measure to respond to shareholders who disagreed with the stock purchase price | Approved | - |