SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2013
Commission File Number 1-14926
KT Corporation
(Translation of registrants name into English)
1692-1 Seocho-dong
Seocho-gu, Seoul
137-882
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 if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
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): ¨
Indicate by check mark whether by furnishing the information contained in this Form, the registrant 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-
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: March 15, 2013 | ||
KT Corporation | ||
By: | /s/ Youngwoo Kim | |
Name: | Youngwoo Kim | |
Title: | Vice President | |
By: | /s/ Tony Yongrae Jung | |
Name: | Tony Yongrae Jung | |
Title: | Director |
Results of the 31st Annual General Meeting of Shareholders
1. Approval of Financial Statements (kt Stand-alone) | ||||||||||
(Unit: KRW Million, except for earnings per share) | ||||||||||
The 31st Fiscal Year (Fiscal Year ended December 31, 2012) | ||||||||||
- Total Assets |
26,508,776 | - Revenues | 18,863,237 | |||||||
- Total liabilities |
14,637,581 | - Operating income | 1,074,656 | |||||||
- Capital stock |
1,564,499 | - Net income | 719,352 | |||||||
- Total Stockholders Equity |
11,871,195 | Basic earnings per share (KRW) | 2,953 | |||||||
Audit Opinion |
Unqualified |
2. Approval of Dividends | ||||
Regular cash dividend per share (KRW) |
2,000 | |||
Total cash dividends (KRW) |
487,444,782,000 | |||
Dividend ratio to market value |
5.2%1 | |||
3. Status of Directors (as of the date of appointment) |
A. Approval of Appointment of Directors | Appointment of Directors - Two (2) Inside Directors - Three (3) Outside Directors
Appointment of member of Audit Committee -One(1) member of Audit Committee | |||
B. Number of Outside Directors Following Appointment | Total number of directors
Number of outside directors
Percentage of outside directors (%) |
11
8
72.7% | ||
C. Number of Auditors Following Appointment | Standing auditors | - | ||
Non-standing auditor | - | |||
D. Number of Members of Audit Committee Following Appointment | Number of members of Audit Committee who are outside directors | 4 | ||
Number of members of Audit Committee who are non-outside directors | 0 | |||
4. Details of Other Resolutions |
Agenda Item No. 1. Approval of Financial Statements: approved as originally proposed
Agenda Item No. 2. Amendment of Articles of Incorporation: approved as originally proposed
Agenda Item No. 3. Election of Directors: approved as originally proposed |
1 | The applied share price is the average of 1 week prior to the ex-dividend day. |
(Total of five(5) directors: Two(2) Inside Directors, Three(3) Outside Directors)
Agenda Item No. 3-1, Inside Director Candidate <Hyun Myung Pyo> : approved as originally proposed
Agenda Item No. 3-2, Inside Director Candidate <Young Kim>: approved as originally proposed
Agenda Item No. 3-3, Outside Director Candidate <Jong Hwan Song>: approved as originally proposed
Agenda Item No. 3-4, Outside Director Candidate <Sang Kyun Cha>: approved as originally proposed
Agenda Item No. 3-5, Outside Director Candidate <Do Kyun Song>: approved as originally proposed
Agenda Item No. 4. Election of member of Audit Committee : approved as originally proposed
Agenda Item No. 5. Approval of Limit on Remuneration of Directors : approved as originally proposed | ||||
5. Date of Annual General Meeting of Shareholders | March 15, 2013 | |||
6. Reference | AGM Notice on February 18, 2013 |
Details Relating to Elected Inside Directors
Name |
Date of Birth |
Term | Whether Newly Elected |
Prior Work Experience |
Current Position |
Education | Nationality | |||||||
Hyun Myung Pyo | October 21, 1958 |
1 year | Reelected | Head of Telecommunications & Convergence, KT
Head of Personal Customer Group
Head of Corporate Center
Head of WiBro Business Group, KT
Head of Marketing Group, KTF
Executive Vice President, Strategy Coordinating Office, KTF |
Head of Telecommunications & Convergence, KT |
Ph.D., Electrical engineering from Korea University |
Korea | |||||||
Young Kim | September 8, 1956 |
1 year | Newly elected |
Head of Corporate Center, KT
Chief of Task Force Team of Group Strategy, Corporate Center, KT |
Head of Corporate Center, KT |
M.A., Electrical Engineering, University of London |
U.K. |
BT Group CTO Office, Vice President of Technology & Innovation |
||||||||||||||
BT Exact, Program Director | ||||||||||||||
BT Exact(R&D Center), Director of New Business Development | ||||||||||||||
BT Global, Head of Technology & Capital Investment |
Details Relating to Outside Director:
Name |
Date of Birth |
Term | Whether Newly Elected |
Prior Work Experience |
Current Position | Education | Nationality | |||||||
Jong Hwan Song | September 5, 1944 |
3 years | Reelected | Visiting Professor, Department of Political Science, Chungbuk National University
Minister, Embassy of the Republic of Korea in Washington D.C.
Minister, Permanent Mission of the Republic of Korea to the United Nations |
Visiting Professor, Department of North Korean Studies, Myongji University |
Ph.D., Department of Political Science, Graduate School, Hanyang University |
Korea | |||||||
Sang Kyun Cha | February 19, 1958 |
3 years | Reelected | Professor, Department of Electrical and Computer Engineering, Seoul National University
Director, Financial Management Committee, Seoul National University
Outside Director, SAP R&D Center Korea Visiting Scholar, Computer Science, Stanford University
Researcher, Hewlett-Packard Research Lab, Palo Alto |
Professor, Department of Electrical and Computer Engineering, Seoul National University |
Ph.D., Computer Systems, Stanford University |
Korea |
Do Kyun Song | September 20, 1943 |
3 years | Newly Elected |
Standing member, Korea Communication Commission
Chair-professor, Department of Journalism and Broadcasting, Sookmyung Womens University
Advisor to SBS Co.
CEO, SBS Co.
Director in Chief, SBS Co.
Anchor, SBS 8 oclock News, SBS Co.
Editor in Chief, SBS Co.
MBC Newsroom |
Advisor to Bae, Kim & Lee LLC |
Global Executive Management, Hankuk University of Foreign Studies |
Korea |
Details Relating to Elected Audit Committee Member:
Name |
Date of Birth |
Term | Whether Newly Elected |
Whether Outside Director |
Prior Work Experience |
Current Position |
Education | Nationality | ||||||||
Sang Kyun Cha | February 19, 1958 |
3 years | Newly Elected |
A member of Audit Committee and an Outside Director |
Professor, Department of Electrical and Computer Engineering, Seoul National University
Director, Financial Management Committee, Seoul National University
Outside Director, SAP R&D Center Korea
Visiting Scholar, Computer Science, Stanford University
Researcher, Hewlett-Packard Research Lab, Palo Alto |
Professor, Department of Electrical and Computer Engineering, Seoul National University |
Ph.D., Computer Systems, Stanford University |
Korea |
Details of Changes in Articles of Incorporation
Details |
Reasons for Changes | |||
Addition of Business Purpose | Business facility management and business support service
Energy inspection, energy conservation, and other energy use rationalization business |
To expand its real estate business to building management consulting service with its building energy and facility management solutions
To become a total energy usage consulting service provider by advancing into energy inspection business | ||
Deletion of Business Purpose | - | - | ||
Change of Business Purpose | - | - |