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Samsung Electronics trades at record high as firm considers split

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Shares of tech giant Samsung Electronics Co Ltd traded at a record high of 1.729 million won (S$2,108) in early Wednesday trade as the firm weighs potentially its biggest structural change to date.

[SEOUL] Shares of tech giant Samsung Electronics Co Ltd traded at a record high of 1.729 million won (S$2,108) in early Wednesday trade as the firm weighs potentially its biggest structural change to date.

Samsung stock was trading up 2.9 per cent as of 0058 GMT, outperforming a 0.3 per cent rise for the broader market. The firm also promised higher payouts and improved corporate governance measures on Tuesday.

REUTERS