6-K/A 1 d32447d6ka.htm FORM 6-K/A Form 6-K/A

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K/A

 

 

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 registrant’s 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


Amendment of Disclosure : Decision of Equity Disposal in an Affiliated Company

1. Amended Disclosure Document : Disposal of Equity Investment in an Affiliated Company

2. Initial Filing Date of the Form 6-K : 2015-06-30

3. Reason for amendment : To correct Item issues

4. Contents

 

Item   Before Amendment   After Amendment
2. Details of Disposal        
  - Disposal Amount (KRW)   252,197,338,193   249,940,351,739
5. Expected Disposal Date   2015-08-31   2015-08-20
    a. Disposal amount is based on Board Resolution Date and is subject to change depending on the condition of stock sale contract.   (Deleted)
    b. Total Equity is based on FY2014 Consolidated Financial Statements.   a. Total Equity is based on FY2014 Consolidated Financial Statements.
8. Others   c. Expected Disposal Date and other details are subject to change according to the condition of stock sale contract, condition of party to a contract and the scheduled process.   b. Expected Disposal Date is when KT receives the full proceeds.
    d. Total disposal amount is KRW 301.7 billion, based on 100% stake in KT Capital.   c. Total disposal amount is KRW 299.0 billion, based on 100% stake in KT Capital.


Disposal of Equity Investment in an Affiliated Company

 

1. Issuing Company   Name of the Company   KT Capital Corporation
  Nationality of the Company   Republic of Korea   President of the Company    WhaJoon Cho
    Paid-in capital (KRW)   138,277,125,000    Relation with KT   Subsidiary
    Number of issued Shares   27,655,425    Main business   Lease and Corporate loan 
2. Details of Disposal   Number of Disposed Shares    23,117,748
  Disposal Amount (KRW)   249,940,351,739
  Total Equity (KRW)   11,790,288,384,495
    Disposal to Total Equity   2.1%
    Large Corporation   Applicable
3. Number of Shares after Disposal   Number of Shares   -
  Ownership (%)   -
4. Purpose of Disposal   To enhance the competitiveness of telecommunications business and improve financial structure
5. Expected Disposal Date   2015-08-20
6. Date of Board Resolution   2015-06-30

- Attendance of Outside Directors

  Present   7
  Absent   1
  - Attendance of Audit Committee Members   Present
7. Options inclusion such as put-option   Not Applicable
  - Detail of Contract   -
8. Others  

a. Total Equity is based on FY2014 Consolidated Financial Statements.

b. Expected Disposal Date is when KT receives the full proceeds.

c. Total disposal amount is KRW 299.0 billion, based on 100% stake in KT Capital.

  Related Filing   2015-06-23 Form 6-K