SEOUL, Nov. 29 (Xinhua) -- Samsung Electronics said Tuesday that it will decide on whether to switch into a holding company after reviewing it in
cooperation with experts for six months.
The South Korean tech behemoth said in a statement that the company is reviewing ways to streamline its business structure, which include transforming
itself into a holding company and listing itself in foreign bourse.
It would take at least six months to determine it, Samsungs said, vowing to make an optimal decision on its business structure, including the holding
company system.
Demand for Samsung's transition to a holding company has lasted for long as complicated cross-shareholdings among subsidiaries of Samsung Group, the
country's largest family-run conglomerate, did damage to transparency of
corporate governance and hurt shareholders' value.
Samsung's founding family has been criticized for controlling scores of the group affiliates, including Samsung Electronics that is a crown jewel of the
family-run chaebol, with a handful of equities.
Prosecutors are investigating into allegations that Samsung had bribed Choi Soon-sil, a lifelong friend of President Park Geun-hye who has been charged with
abuse of power and extortion, in return for getting favors in the controversial
merger of the group's two affiliates to create a de-facto holding company.
The merger last year between Samsung C&T and Cheil Industries were extremely crucial to the succession of management control to Vice Chairman Lee
Jae-yong from his father Chairman Lee Kun-hee who has been hospitalized for two
and a half years on heart attack.
Meanwhile, Samsung Electronics plan to pay 4 trillion won (3.4 billion U.S. dollars) in total for this year's dividend, up 30 percent from the previous year
as part of efforts to return more business profits to shareholders.
The company said it will use half of the free cash flow in 2016 and 2017 for the profit-return policy through increased dividend payment as well as the
purchase and cancellation of treasury stocks.
In the past year, Samsung purchased and retired 11.4 trillion won worth of treasury stocks to enhance shareholders' value, according to the company.
In ancient world Black Javon
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?charms? of modern life. How did people take care of themselves then? Let's talk
about the medicine of Ancient Rome, or, to be more exact, Roman baths.
In III ? II centuries BC there were almost no doctors in Rome. They thought that
the best way to cure diseases and stay healthy was to make regular visits to
baths, or
therms Black Sean
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fashionable tendency, it was a real cult. They visited baths every day, some
patricians could even spend most of their time there. But this is quite
understandable: a bath was not just a place to clean your body, but also a club,
a gym Black Artie
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discussing, negotiating as well as painting, writing, playing
music Black Joshua
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spend the whole life in a bath.
In the end of the V century AC there were almost 900 baths in Rome, serving a population of about 2 million. Any
emperor who wanted to acquire his people's love built free public therms. The
rich ones had their own baths, lavishly decorated and adorned with marble,
expensive wood, silver and gold.
The Romans did know about how helpful and healthy the baths were. But how did they look like? We can be quite sure
about what we know because we have the ruins of the Roman's best known
baths Black James
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ancient scripts telling us how exactly the Romans spent their time there.
So.
Palestre. A visit to baths started with some physical exercises. That's what palestras were used for. The exercises were not that energetic, and,
as a rule, not aggressive. Some Romans did practice combat sports, at least
that's what frescoes
mention Black
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etc. The main idea was to warm up, limber up and to sweat.
Apodyterium, or simply a dressing room, contained cubicles, shelves and benches for the
visitors to leave their clothes at. This was rather
convenient Black
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clothes safety. Those who could afford it left their slave or a servant by their
belongings so as to look after it. Otherwise there were chances that you'd go
home naked. If the clothes was stolen anyway, the only thing one could do is to
turn to call upon the gods and demand justice. For this he had to write a
damnation on a clay board and bring it to a temple.
Tepidarium is translated as the ?warm place?, the heated room used for bathing and ablution.
With the help of the slaves or by themselves the Romans rubbed oil into their
skin (they had no soap at the time), and then scraped it with the help of
special curved metal instruments. Massage and even depilation treatments were
also done here (despite the pain it caused, depilation was rather popular with
Romans). After all the
treatments Black T. J.
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swimming pool, and then followed to the next rooms.
Caldarium and the Hypocaust. The hottest space was called Caldarium ? a spacious room with high
ceiling containing hot plunge baths. The water was heated by the hypocaust, a
kind of a furnace located under the Caldarium which was the source of heat for
the therms. The temperatures were rather high ? to prevent feet burns the Romans
wore wooden sandals.
And, finally, a Frigidarium, or a cold room Black
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bathe, relax and enjoy the cultural programme: poets, musicians, actors and
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