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 August 2015
Commission File Number 1-14926
KT Corporation
(Translation of registrants name into English)
KT Gwanghwamun Building East
33, Jongno 3-gil, Jongno-gu
110-130 Seoul, 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: August 20, 2015 | ||
KT Corporation | ||
By: | /s/ Youngwoo Kim | |
Name: | Youngwoo Kim | |
Title: | Vice President | |
By: | /s/ Jungsup Jung | |
Name: | Jungsup Jung | |
Title: | Director |
Withdrawal of Major Affiliated Company
1. Details of the Affiliated Company | Name of the Company | KT Capital Corporation | ||||||||||
President of the Company | WhaJoon Cho | |||||||||||
Main business | Lease and Corporate loan | |||||||||||
Details of Financial status in recent year (KRW million) |
Total Asset | 2,038,263 | ||||||||||
Total Liability | 1,759,641 | |||||||||||
Total Equity | 278,622 | |||||||||||
Paid-in capital | 138,277 | |||||||||||
2. Parent Companys stake in the Affiliated Company | Before Withdrawal | Number of Shares | 23,117,748 | |||||||||
Share Ownership(%) | 83.59 | |||||||||||
After Withdrawal | Number of Shares | | ||||||||||
Share Ownership(%) | | |||||||||||
3. The Affiliated Companys Asset as a percentage of KT Consolidated Total Asset | Before Withdrawal | KT Consolidated Total Asset(KRW million) | 33,775,502 | |||||||||
The Percentage of The Affiliated Companys Asset(%) | 6.0 | |||||||||||
After Withdrawal | KT Consolidated Total Asset(KRW million) | 33,775,502 | ||||||||||
The Percentage of The Affiliated Companys Asset(%) | | |||||||||||
4. Number of Major Affiliated Company | Before Withdrawal | 3 | ||||||||||
After Withdrawal | 2 | |||||||||||
5. Reason for Withdrawal | Sale of Shares | |||||||||||
6. Withdrawal Date | 2015-08-20 | |||||||||||
7. Date of Board Resolution | 2015-06-30 | |||||||||||
- Attendance of Outside Directors | Present | 7 | ||||||||||
Absent | 1 | |||||||||||
- Attendance of Audit Committee Members | Present | |||||||||||
8. Others | a. Above item.6 (withdrawal date) is when KT receives the full proceeds. |
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Related Filing | 2015-08-20 Form 6-K/A |