Lee Kun-hee's death sparks hope for Samsung shake-up, dividends

Samsung Electronics - the jewel in the group's crown - finished 0.3 per cent higher

Shares in Samsung Electronics and affiliates rose on Monday after the death a day earlier of Chairman Lee Kun-hee sparked hopes for stake sales, higher dividends and long-awaited restructuring, analysts said.
 

Investors are betting that the imperatives of maintaining Lee family control and paying inheritance tax — estimated at about 10 trillion won ($8.9 billion) for listed stockholdings alone - will be the catalyst for change, although analysts are divided on what form that change will take.
 

Shares in Samsung C&T and Samsung Life Insurance closed up 13.5 per cent at a two-month high and 3.8 per cent, respectively, while