Samsung Elec shares hit life-time high after Lee's heir promoted
SEOUL Dec 5 (Reuters) - Shares in Samsung Electronics extended gains to reach a life-time high of 1.447 million Korean won ($1,300) after the electronics giant promoted Jay Y. Lee, the son of its chairman and the anointed heir, to vice chairman on Wednesday.
The world's biggest smartphone maker had previously peaked at 1.443 million won per share on Nov. 26. ($1 = 1083.4500 Korean won) (Reporting by Hyunjoo Jin; Editing by Paul Tait)
- Ten countries scour sea for Malaysia jet lost in 'unprecedented mystery' |
- Shots fired in air during raid at Crimea naval base |
- Missing Malaysian jet may have disintegrated in mid-air: source |
- Mexico kills drug kingpin reported dead years ago: official
- Pistorius vomits in court at Steenkamp autopsy details |