-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, P1uhscDwpCiWCW2gwNILD4VMvz8nueVpPX3ppg6RKGrcpWxRkqunPsaWhZ1sJBj3 c8NgCbjTb0Jhb/F6nJg8fQ== 0001021408-02-013982.txt : 20021114 0001021408-02-013982.hdr.sgml : 20021114 20021114081515 ACCESSION NUMBER: 0001021408-02-013982 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021114 FILED AS OF DATE: 20021114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KT CORP CENTRAL INDEX KEY: 0000892450 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14926 FILM NUMBER: 02821854 BUSINESS ADDRESS: STREET 1: 206 JUNG TA DONG BUNN DONG GU CITY: SUNGNAM CITY KOREA STATE: M5 ZIP: 463711 BUSINESS PHONE: 82317270932 MAIL ADDRESS: STREET 1: 206 JUNG JA DONG BUNN DONG GU CITY: SUNGNAM CITY KOREA STATE: M5 ZIP: 463711 FORMER COMPANY: FORMER CONFORMED NAME: KOREA TELECOM DATE OF NAME CHANGE: 19950130 FORMER COMPANY: FORMER CONFORMED NAME: KOREA TELECOM CORP DATE OF NAME CHANGE: 19971006 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 November, 2002
 
 
KT Corporation
 
206 Jungja-dong
Bundang-gu, Sungnam
Kyunggi-do
463-711
Korea
(Address of principal executive offices)
 
 
(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    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
 

 
Sale of Common Shares of KT ICOM to KT Freetel
 
I. We hereby inform you that the board of directors of KT Corporation (NYSE symbol: KTC) has resolved to sell common shares of KT ICOM Corporation (“KT ICOM”) held by KT Corporation as follows:
 
1.
 
Purchaser: KT Freetel Corporation (“KT Freetel”), a 40.26%-owned subsidiary of KT Corporation.
 
2.
 
Details of sale:
 
 
•
 
Securities to be sold: 46,584,905 common shares of KT ICOM, a 46.58%-owned subsidiary of KT Corporation.
 
 
•
 
Sales amount: Won 849,103,063,435 (Won 18,227 per common share).
 
3.
 
Change in share ownership of KT ICOM by KT Corporation:
 
   
 Prior to Sale 
  
 After Sale 
KT Corporation
  
46.58%
  
None
 
4.
 
Purpose of sale: to promote merger between KT Freetel and KT ICOM.
 
5.
 
Date of board resolution: November 14, 2002.
 
6.
 
Settlement: proceeds will be settled prior to the end of December, 2002.

 
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.
 
Dated: November 14, 2002
 
KT Corporation
By:
  
/s/    Joong - Soo Nam        
Name:
Title:
  
     Joong - Soo Nam
Executive Vice President and
Chief Financial Officer
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