SEOUL (Reuters) – Shares in Samsung Electronics worth about $1.1 billion are being sold by Kookmin Bank on Thursday, according to a term sheet seen by Reuters.
About 19.9 million shares are being sold at 68,800 won per share, the term sheet said.
Samsung Electronics did not have an immediate comment.
($1 = 1,218.6200 won)
(Reporting by Sumeet Chatterjee and Joyce Lee; Editing by Jacqueline Wong)