0001193125-18-317883.txt : 20181105 0001193125-18-317883.hdr.sgml : 20181105 20181105091506 ACCESSION NUMBER: 0001193125-18-317883 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181105 FILED AS OF DATE: 20181105 DATE AS OF CHANGE: 20181105 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: 181158961 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 d649779d6k.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 November 2018

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: November 5, 2018
      KT Corporation
By:  

/s/ Seunghoon Chi

Name: Seunghoon Chi
Title: Vice President
By:  

/s/ Youngkyoon Yun

Name: Youngkyoon Yun
Title: Director

Equity Investment in an Affiliated Company

1. Issuing Company

 

Name of the Company    Next Connect PFV
Nationality of the Company    Republic of Korea    President of the Company    Jong-ook Park
Paid-in capital (KRW)    5,000,000,000    Relation with KT    Affiliated Company
Number of issued Shares    1,000,000    Main business    Real estate development business

2. Details of Investment

 

Number of Acquired Shares (Shares)

    1,816,573     

Amount of Investment (KRW)

    363,314,851,010     

Total Equity of KT (KRW)

    13,076,376,262,576     

Amount of Investment to Total Equity of KT (%)

    2.8     

3. Number of Shares after Acquisition

- Number of Shares : 2,766,573 shares

- Ownership : 95.0 %

4. Method of Acquisition : Payment-in-kind

5. Purpose of Acquisition : Implementing real estate development project to revitalize regional economic of Ja-yang 1st.

- Ja-yang 1st is a district of Seoul in Korea.

- Next Connect PFV has plans to establish hotel, working office or apartment on the land which KT will make payment-in-kind to Next Connect PFV.

6. Expected Acquisition Date : December 18, 2018

7. Date of Board Resolution : November 3, 2018

- Attendance of Outside Directors : Present 8 / Absent 0

- Attendance of Audit Committee Members : Present

8. Others

- Investment Amount (in “No.2 Details of Investment”) is excluding Lease deposit from Appraisal Amount

- Expected Acquisition Date (in “No.6”) is subject to change according to court’s decision.