0001193125-19-325331.txt : 20191230 0001193125-19-325331.hdr.sgml : 20191230 20191230061559 ACCESSION NUMBER: 0001193125-19-325331 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191230 FILED AS OF DATE: 20191230 DATE AS OF CHANGE: 20191230 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WOORI FINANCIAL GROUP INC. CENTRAL INDEX KEY: 0001264136 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 000000000 STATE OF INCORPORATION: M5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31811 FILM NUMBER: 191314727 BUSINESS ADDRESS: STREET 1: 51, SOGONG-RO, JUNG-GU, CITY: SEOUL KOREA STATE: M5 ZIP: 04632 BUSINESS PHONE: 000-000-0000 MAIL ADDRESS: STREET 1: 51, SOGONG-RO, JUNG-GU, CITY: SEOUL KOREA STATE: M5 ZIP: 04632 FORMER COMPANY: FORMER CONFORMED NAME: WOORI BANK DATE OF NAME CHANGE: 20141015 FORMER COMPANY: FORMER CONFORMED NAME: WOORI FINANCE HOLDINGS CO LTD DATE OF NAME CHANGE: 20030917 6-K 1 d857452d6k.htm FORM 6-K Form 6-K

 

 

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 December 2019

Commission File Number: 001-31811

 

 

Woori Financial Group Inc.

(Translation of registrant’s name into English)

 

 

51, Sogong-ro, Jung-gu, Seoul, 04632, 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  ☒              Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 

Addition of a Direct Subsidiary

On December 30, 2019, Woori Financial Group Inc. (“Woori Financial Group”) disclosed the addition of Woori Asset Trust Co., Ltd. (“Woori Asset Trust”) as a direct subsidiary.

Key Details

 

  1.

Company name: Woori Asset Trust Co., Ltd.

 

  2.

Primary area of business: Real Estate Trust

 

  3.

Key financial figures as of December 31, 2018:

 

  1)

Total assets (in millions of KRW): 113,786

 

  2)

Total liabilities (in millions of KRW): 37,333

 

  3)

Total stockholders’ equity (in millions of KRW): 76,453

 

  4)

Capital stock (in millions of KRW): 15,293

 

  4.

Share ownership ratio upon addition as a direct subsidiary: 51%

 

  5.

Proportion of the share purchase amount compared to Woori Financial Group’s total assets upon addition as a direct subsidiary: 1.2%

 

  6.

Date of addition: December 30, 2019 (Share purchase completion date)

 

  7.

Total number of direct subsidiaries of Woori Financial Group after the addition of Woori Asset Trust as a direct subsidiary: 11

 

  8.

Other relevant information:

 

  1)

The figures in items 4 and 5 are based on the sum of 44.46% (1.36 million shares), which was acquired from a majority shareholder, and 6.54% (200 thousand shares), which was acquired from Woori Bank.

 

  2)

Kukje Asset Trust Ltd. changed its name to Woori Asset Trust Co., Ltd. through the resolution of an extraordinary shareholders’ meeting held today (December 30, 2019).

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.

 

   

Woori Financial Group Inc.

    (Registrant)

Date: December 30, 2019

    

By: /s/ Kyong-Hoon Park

    (Signature)
    Name:   Kyong-Hoon Park
    Title:   Deputy President