6-K 1 d6k.htm FORM 6-K Form 6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of [October] 2007

 

MIRAE CORPORATION

(Translation of registrant’s name into English)

 

#9-2, CHA AM-DONG, CHUN AN, CHUNG CHONG NAM-DO 330-200

REPUBLIC OF KOREA

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F (    X    )            No Form 40-F (            )

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes (            )            No (    X    )

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-            .

The registrant files with the Korea Securities Exchange the notice dated October 19, 2007. Attached is English language version of the notice.

 

The following table sets forth the summary of the Cancellation of Stock Option Granted.

 

1. Number of Grantees Cancelled

    Officers and employee of Company    5 employees
   Officers and employee of affiliated Company    —  
2. Number of Shares Cancelled    Common Shares    507,343
   Preferred Shares    —  
3. Total Stock Option Granted after this Cancellation    Common Shares    3,325,912
   Preferred Shares    —  
4. Reasons for Cancellation    Voluntary resignation
5. Date of Board of directors’ resolution (Decision date)    October 19, 2007
- Attendance of outside directors   

Present (No)

    2
  

Absent (No)

    1
-Attendance of auditors (members of Audit Committee)    Present

6. Other references concerning investment decisions

- Details of Cancellation of Stock Option granted as of October 19, 2007 are as follow:

 

Stock Option Plan

   

Granted Date

    Exercise Price    Number of Shares Cancelled

2nd Stock Option

    March 24, 2001    1,379 Won    96,806

4th Stock Option

    March 21, 2003    988 Won    184,765

5th Stock Option

    July 16, 2003    1,368 Won    25,772

6th Stock Option

    March 19, 2004    1,218 Won    200,000

Total

    —      —      507,343

[Details of Cancellation by Grantees]

 

Grantees

   

Relationship

    Number of Shares Cancelled   

Remarks

      Common
shares		    Preferred
shares		   
Hyun-Tae Kyeong    Ex-officer    187,715    —      2nd & 4th Stock Option
Do-Young Cho    “    150,000    —      6th Stock Option
Il-Soo Son    Ex-employee    137,403    —      2nd & 4th & 6th Stock Option
Han-Kyeong Cho    Ex-employee    19,339    —      2nd & 5th Stock Option
Byeong-Chul Lee    Ex-employee    12,886    —      5th Stock Option

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 19, 2007

 

By  

/s/ Gi-Hoon Joung

  Gi-Hoon Joung
  Mirae Corporation
  Director of Accounting Team and Acting CFO

 

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