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 April 2008
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 ( ü ) 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 ( ü )
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 March 27, 2008 and March 31, 2008. Attached is English language version of the notice.
The following table sets forth the summary of the decision on investment in other corporation.
1.Details of issuing company | Name of company | En Value Co.,Ltd. | Representative | Yun, Hyo Chul | ||||||||||
Capital Stock (KRW) |
1,969,200,000 |
Total number |
800,000 | |||||||||||
Relationship to company |
Affiliated Company after investment | |||||||||||||
Main Business |
Solar cell and Semiconductor automation related equipment. | |||||||||||||
2.Details of acquisition | Number of shares to be acquired | 800,000 | ||||||||||||
Acquisition Amount (KRW) |
1,969,200,000 | |||||||||||||
Equity Capital (KRW) |
86,180,884,062 | |||||||||||||
Ratio to Equity Capital (%) |
2.28 | |||||||||||||
Applicability of Large-scale Corporation |
No | |||||||||||||
3.Number of shares held and shareholding ratio after Acquisition | Number of Shares Held | 800,000 | ||||||||||||
Shareholding Ratio |
100 | |||||||||||||
4.Acquisition method | Payment in cash | |||||||||||||
5.Purpose of acquisition | To expand business scope through the establishment of overseas subsidiary. | |||||||||||||
6.Sheduled acquisition date | March 31, 2008 | |||||||||||||
7.Date of Board of directors’ resolution (Decision date) | March 27, 2008 | |||||||||||||
-Attendance of outside directors | Present (No) | 2 | ||||||||||||
Absent (No) |
1 | |||||||||||||
-Attendance of auditors (members of Audit Committee) | Present | |||||||||||||
8.Other reference concerning investment decisions | - Acquisition amount above mentioned is USD 2,000,000 and Won currency is calculated by applying at the exchange rate of 986.40(KRW) to the US Dollar. - Scheduled acquisition date above mentioned is a payment date of investment capital. | |||||||||||||
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The following table sets forth the summary of the addition of affiliated company.
1.Details of Change | Addition of Affiliated Company | |||||||||
2.Description of Affiliated Company | Name of Company | En Value Co.,Ltd. | ||||||||
Representative |
Yun, Hyo Chul | |||||||||
Condensed Balance Sheet |
Total Asset (KRW) |
— |
Total |
— | ||||||
Total Liabilities(KRW) |
— |
Capital |
1,969,200,000 | |||||||
Main Business |
Solar cell and Semiconductor automation related equipment. | |||||||||
3.Nane of Affiliated Group | Mirae Corporation | |||||||||
4.Reasons for Change | To expand business scope through addition of affiliated company. | |||||||||
5.Number of Affiliated Companies | Before Change | 8 | ||||||||
After Change | 9 | |||||||||
6.Date of Change | March 31, 2008 | |||||||||
7.Date the change was confirmed | March 31, 2008 | |||||||||
8.Other references concerning investment decisions | -Date of Change above mentioned is a payment date of investment capital.
- Acquisition amount above mentioned is USD 2,000,000 and Won currency is calculated by applying at the exchange rate of 986.40(KRW) to the US Dollar. |
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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: April 1, 2008
By | /s/ Gi-Hoon Joung | |
Gi-Hoon Joung | ||
Mirae Corporation | ||
Director of Accounting Team and | ||
Acting CFO |
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