SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE13a-16 OR15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2019
Commission File Number1-14926
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 Form20-F or Form40-F:
Form20-F ☒ Form40-F ☐
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-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 Rule12g3-2(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 Rule12g3-2(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: March 29, 2019 KT Corporation | ||
| By: | /s/ Seunghoon Chi | |
| Name: | Seunghoon Chi | |
| Title: | Vice President | |
| By: | /s/ Youngkyoon Yun | |
| Name: | Youngkyoon Yun | |
| Title: | Director | |
Results of the 37th Annual General Meeting of Shareholders
| 1. Approval of Financial Statements | (Unit: KRW Million, except for earnings per share) | |||||||||||
| The 37th Fiscal Year (Fiscal Year ended December 31, 2018) |
| |||||||||||
| Consolidated | Total Assets | 32,188,830 | Revenues | 23,460,143 | ||||||||
| Total liabilities | 17,457,550 | Operating income | 1,261,522 | |||||||||
| Capital stock | 1,564,499 | Net income | 762,305 | |||||||||
| Total Stockholders’ Equity | 14,731,280 | Basic earnings per share (KRW) | 2,809 | |||||||||
| KT Separate | Total Assets | 26,010,906 | Revenues | 17,356,537 | ||||||||
| Total liabilities | 13,299,178 | Operating income | 951,624 | |||||||||
| Capital stock | 1,564,499 | Net income | 561,224 | |||||||||
| Total Stockholders’ Equity | 12,711,728 | Basic earnings per share (KRW) | 2,290 | |||||||||
| Audit Opinion | Consolidated | Unqualified |
| |||||||||
| KT Separate | Unqualified |
| ||||||||||
| 2. Resolution of Dividends |
| |||||||||||
| Type of dividend |
| Cash Dividend |
| |||||||||
| Regular cash dividend per share (KRW) |
| 1,100 |
| |||||||||
| Total cash dividends (KRW) |
| 269,659,244,800 |
| |||||||||
| Dividend yield (%) |
| 3.6 |
| |||||||||
| 3. Status of Directors (as of the date of appointment) |
| |||||||||||
| A. Approval of Appointment of Directors |
| Appointment of Directors :
Two (2) Inside Directors : - In Hoe Kim, Dongmyun Lee Two (2) Outside Directors : - Taeyoon Sung,Hee-Yol Yu
Appointment of a member of Audit Committee :
One (1) member of Audit Committee who is an outside director : - Dae-You Kim |
| |||||||||
| B. Number of Outside Directors Following Appointment | Total number of directors |
| 11 |
| ||||||||
| Number of outside directors |
| 8 |
| |||||||||
| Percentage of outside directors (%) |
| 72.7 |
| |||||||||
| C. Number of Auditors Following Appointment | Standing auditors |
| — |
| ||||||||
| Non-standing auditor |
| — |
| |||||||||
| D. Number of Members of Audit Committee Following Appointment | Number of members of Audit Committee who are outside directors |
| 4 |
| ||||||||
| Number of members of Audit Committee who arenon-outside directors |
| 0 |
| |||||||||
| 4. Details of Other Resolutions | Agenda Item No. 1 Approval of the 37th Financial Statements: - Approved as originally proposed
Agenda Item No. 2 Amendment of Articles of Incorporation: - Approved as originally proposed
Agenda Item No. 3. Election of Directors (Total of Four (4) Directors: Two (2) Inside Directors, Two (2) Outside Directors)
– ItemNo. 3-1 Inside Director Candidate : In Hoe Kim: - Approved as originally proposed – ItemNo. 3-2 Inside Director Candidate : Dongmyun Lee: - Approved as originally proposed – ItemNo. 3-3 Outside Director Candidate : Taeyoon Sung: - Approved as originally proposed – ItemNo. 3-4 Outside Director Candidate :Hee-Yol Yu: - Approved as originally proposed
Agenda Item No. 4 Election of a member of Audit Committee (Total of One (1) member of Audit Committee)
– ItemNo. 4-1. Audit Committee Candidate : Dae-You Kim: - Approved as originally proposed
Agenda Item No. 5. Approval of Limit on Remuneration of Directors: - Approved as originally proposed | |||||
| 5. Date of Annual General Meeting of Shareholders | March 29, 2019 | |||||
| 6. Reference | AGM Notice on March 11, 2019 | |||||
