UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of [December], 2004
MIRAE CORPORATION
(Translation of registrant’s name into English)
#9-2, CHA AM-DONG, CHUN AN, CHUNG CHONG NAM-DO 330-200
REPUBLIC OF KOREA
(Address of principal executive office)
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 ) No Form 40-F ( )
Indicate by check mark whether the registrant by furnishing the information contained in this Form 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- .
The registrant files with the Korea Securities Exchange the notice dated December 22, 2004. Attached is English language version of the notice.
The following table sets forth the summary of Provision of Collateral for CyberBank Corporation.
1. Accumulated amount for the fiscal year of concerned (KRW) (Except for ex-reported portion) | Real estate | — | ||
| Movable estate | 8,000,000,000 | |||
| Securities | — | |||
| Other properties | — | |||
| Total amount | 8,000,000,000 | |||
- Net worth (KRW) | 156,945,217.068 | |||
- Comparison to Net worth (%) | 5.1 | |||
2. Applicability of Fair Trade Act | No | |||
3. Others | - Amount of collateral provision (8,000 million KRW) for the above mentioned is total amount limit with decision and at this time, amount of collateral provision is 3,000 million KRW in terms of fixed deposits. | |||
[Details of collateral provision]
Debtor : CyberBank Corporation
1.Relationship with company | Affiliated company | |||||
2.Setting-up amount of collateral (KRW) | 8,000,000,000 | |||||
- Priority of collateral | 1 | |||||
3.Properties for collateral provision | Fixed deposits, etc | |||||
4.Amount of collateral (KRW) | 8,000,000,000 | |||||
5.Period of collateralization | From | December 23, 2004 | ||||
To | — | |||||
6.Creditors | Chohung Bank, etc | |||||
7.Decision date of resolution | December 22, 2004 | |||||
- Attendance of outside directors | Present (no) | 3 | ||||
Absent (no) | — | |||||
- Attendance of auditors | Present | |||||
8. Accumulated balance of collateral provided for debtor (KRW) | 23,000,000,000 | |||||
9. Others | Amount of collateral provision (8,000 million KRW) signified total amount limit and setting-up amount of collateral is 3,000 million KRW that execute on December 23, 2004
- Termination date of collateral provision for the above mentioned is till date of relevant debt settlement. | |||||
| Date of relevant disclosure | — | ||||||
2
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.
Date: December 22, 2004
By | /s/ MiRi Chung | |
Mi-Ri Chung | ||
Mirae Corporation | ||
Public Disclosure Representative Of Investor Relations Team |
3