0001193125-22-010486.txt : 20220118 0001193125-22-010486.hdr.sgml : 20220118 20220118063428 ACCESSION NUMBER: 0001193125-22-010486 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220117 FILED AS OF DATE: 20220118 DATE AS OF CHANGE: 20220118 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: 22533568 BUSINESS ADDRESS: STREET 1: 206 JUNGJA DONG, BUNDANG GU, STREET 2: SUNGNAM, KYUNGGI DO, 463-711, CITY: KOREA M5 STATE: M5 ZIP: 463-711 BUSINESS PHONE: 82-31-727-0114 MAIL ADDRESS: STREET 1: KT GWANGHWAMUN BUILDING EAST, STREET 2: 33 JONGNO-3-GIL, JONGNO-GU, CITY: SEOUL, 110-130, KOREA M5 STATE: M5 ZIP: 110-130 FORMER COMPANY: FORMER CONFORMED NAME: KOREA TELECOM CORP DATE OF NAME CHANGE: 19971006 FORMER COMPANY: FORMER CONFORMED NAME: KOREA TELECOM DATE OF NAME CHANGE: 19950130 6-K 1 d247105d6k.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 OF

THE SECURITIES EXCHANGE ACT OF 1934

For the month of January 2022

Commission File Number 1-14926

 

 

KT Corporation

(Translation of registrant’s name into English)

 

 

90, Buljeong-ro,

Bundang-gu, Seongnam-si,

Gyeonggi-do,

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  ☒            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  ☒

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: January 17, 2022
KT Corporation
By:   /s/ Seunghoon Chi
Name:   Seunghoon Chi
Title:   Vice President
By:   /s/ Sanghyun Cho
Name:   Sanghyun Cho
Title:   Director


Decision on Acquisition of Shares or Investment Certificates of Other Corporations

 

1. Details of issuing company    Name of company      Shinhan Financial Group Co., Ltd.  
   Nationality      Republic of Korea      Representative      Cho Yong-byoung  
   Capital stock (KRW)      2,969,641,000,000      Relationship to company      —    
   Total number of shares issued      534,081,554      Main business      Financial Services  
2. Details of acquisition    Number of shares to be acquired      11,133,079  
   Acquisition amount (KRW)      437,530,000,000  
   Equity capital (KRW)      15,551,433,000,000  
   Ratio to equity capital (%)      2.81%  
   Classified as a large-sized corporation?      Yes  
3. Number of shares held and shareholding ratio after acquisition    Number of shares held      11,133,079  
  

 

Shareholding ratio(%)

  

 

 

 

2.08%

 

 

4. Acquisition method      Acquisition through special money trust contract  
5. Purpose of acquisition     

New platform business exploration and future growth
financial DX business cooperation with Shinhan Financial
Group Co., Ltd. and Shinhan bank
 
 
 
6. Scheduled acquisition date      2022-01-26  
7. Subject to filing of a material fact report on asset acquisition?      No  
-Total assets (as of the end of the latest fiscal year) (KRW)      33,662,545,000,000      Acquisition cost /Total assets(%)      1.30%  
8. Deemed a backdoor listing?      No  
-Plan to increase capital through third-party allotment within six months?      No  


9. Satisfying backdoor listing requirements for the issuing company (another corporation)?    No
10. Date of board resolution (decision date)    2022-01-17
-Attendance of outside directors    Present (No.)    8
   Absent (No.)    0
-Attendance of auditors (members of Audit Committee who are not outside auditors)    —  
11. Subject to reporting to the Fair Trade Commission?    No
12. Signed a put option contract, etc.?    No
-Details of agreements    —  
      - Above 1. The total number of shares issued and capital stock of the issuing company is as of the end of 2020.
      - Above 2. The number of stocks to be acquired, the amount to be acquired, and the number of shares to be held and shareholding ratio after acquisition in the above 3. were decided by the resolution of the Board of Directors on January 17, 2022. The number of stocks to be acquired and shareholding ratio are subject to change as they are acquired through a special money trust contract. In case of change, details will be re-disclosed.
      - Above 6. Scheduled acquisition date is the start date of a special money trust contract period. The special money trust contract period is from January 26, 2022 to January 25, 2023, and the actual acquisition completion date of shares is subject to change. In case of change, details will be re-disclosed.
      - Above 7. Total assets as of the end of the latest fiscal year are based on our consolidated financial statements as of the end of 2020.
      - Condensed Financial Statements of Issuing Company below is the financial situation of Shinhan Financial Group Co., Ltd. In ‘Condensed Financial Statements of Issuing Company’ below, current fiscal year is as of the end of 2020, the previous fiscal year is as of the end of 2019, and two fiscal years prior is as of the end of 2018.
      ※ Related disclosure    —  


[Condensed Financial Statements of Issuing Company] (in KRW)

 

Category

   Total
assets
     Total
liabilities
     Total
shareholders’
equity
     Capital
stock
     Sales      Net
Income
     External
auditor’s
opinion
   External
auditor

Current fiscal year

     605,234,104,000,000        558,877,246,000,000        46,356,858,000,000        2,969,641,000,000        4,929,736,000,000        3,498,076,000,000      Unqualified
opinion
   Samil
Pricewaterhouse
Cooper

Previous fiscal year

     552,419,581,000,000        510,489,200,000,000        41,930,381,000,000        2,732,463,000,000        5,046,250,000,000        3,642,384,000,000      Unqualified
opinion
   KPMG
Samjong
Accounting
Corp.

Two fiscal years prior

     459,600,510,000,000        422,949,080,000,000        36,651,430,000,000        2,645,053,000,000        4,499,414,000,000        3,198,265,000,000      Unqualified
opinion
   KPMG
Samjong
Accounting
Corp.