6-K 1 d426313d6k.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 October 2012

Commission File Number 1-14926

 

 

KT Corporation

(Translation of registrant’s name into English)

 

 

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 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: October 24, 2012
KT Corporation
By:  

/s/ Youngwoo Kim

Name:   Youngwoo Kim
Title:   Vice President
By:  

/s/ Jungsup Jung

Name:   Jungsup Jung
Title:   Team Leader


Report on Material Matters

Equity Investments in an Affiliated Company

 

  1. Issuing company

 

   

Name of the company: kt estate

 

   

Nationality of the company: Republic of Korea

 

   

President of the company: Kyung-Soo Kim

 

   

Amount of capital: KRW 29,244,095,000

 

   

Relationship to company: Affiliated company

 

   

Number of issued shares: 5,848,819

 

   

Main business: Developing and supplying real estates

 

  2. Details of investment

 

   

Number of acquired shares: 10,000,000

 

   

Amount of investments(KRW): 1,999,810,976,000

 

   

Amount of capital(KRW): 11,733,933,194,239

 

   

Investment amount to capital(%): 17.04

 

   

Whether a large corporation: applicable

 

  3. Number of shares after acquisition

 

   

Number of shares: 15,848,819

 

   

Percentage of ownership(%): 100

 

  4. Method of acquisition

 

   

Investment-in-kind: KRW 1,968,810,976,000

 

   

Cash investments: KRW 31,000,000,000

 

  5. Purpose of acquisition

 

   

Fostering a specialized comprehensive real-estate company and enhancing the value of the business

 

  6. Amount of total asset as of recent fiscal year

 

   

Amount of total asset: KRW 26,453,607,337,949

 

   

Acquisition amount to total asset(%): 7.56

 

  7. Whether a backdoor listing

 

   

Not applicable


  8. Date of board resolution: October 23, 2012

 

   

Attendance of outside directors: Present (7) / Absent (0)

 

   

Attendance of audit committee members: Present

 

  9. Applicability of Korean Fair Trade Act

 

   

Applicable

 

  10. Whether a put-option contract or its kind

 

   

Not applicable

 

  11. Others

 

   

The amount of the capital stock and the number of issued shares of the company are excluding the investment amount of 50 billion won

 

   

Acquisition cost is the appraisal value

 

   

Scheduled acquisition date:          December 1, 2012 (Investment-in-kind)

                                              December 3, 2012 (Cash investment)

LOGO   Summary of financial status of the issued company

 

[unit: KRW million]

   Assets      Liabilities      Equity      Capital      Revenue      Net income  

3Q-2012

     32,171         1,139         31,032         29,244         6,377         1,914   

2011

     30,198         1,081         29,117         29,244         4,523         142   

2010

     8,443         427         8,016         8,000         1,152         16