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Vice Chairman Lee Jae-yong, another overseas business trip… Departing the Middle East tonight

Samsung Electronics Vice Chairman Lee Jae-yong will go on a business trip to the Middle East, including the United Arab Emirates (UAE), on the night of the 6th. It has been 13 days since my last business trip to the United States on November 23rd. Vice Chairman Lee is currently expanding the scope of overseas management by attending a business trip and a trial on business succession that is held every week.

According to the business world on the 6th, Vice Chairman Lee will depart for the United Arab Emirates (UAE) through Seoul Gimpo Business Aviation Center tonight after the trial on charges of unfair merger between Samsung C&T and Cheil Industries and accounting fraud of Samsung Biologics held at the Seoul Central District Court on the 6th. known to be

Samsung Electronics Vice Chairman Lee Jae-yong meets Microsoft CEO Satya Nadella (left) at the Microsoft headquarters in Washington, USA on November 20 (local time) (Photo=Samsung Electronics)

Vice Chairman Lee is known to discuss cooperation with UAE companies in relation to new businesses in 5G communication and IT through a business trip to the Middle East. Also in 2019, Vice Chairman Lee met with Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nayan in Abu Dhabi, UAE on a business trip to the Middle East to discuss cooperation. On the 2nd of last month, Samsung C&T’s construction division signed an MOU with the Saudi Ministry of Investment (MISA) in the fields of energy, urban and infrastructure development.

On the other hand, the trial on the allegation of accounting fraud by Vice Chairman Lee was normally held on Thursday, but today’s trial has been moved up to Monday due to the court’s circumstances. As a result, there was 8 days left until the next trial date. Accordingly, it is observed that Vice Chairman Lee went on an overseas business trip.

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