Kt Corp 6-K/A, filed Jun 25, 2024
Kt Corp (KT)
About this 6-K/A
Kt Corp filed this 6-K/A on June 25, 2024.
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 June 2024
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 ☐
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: June 25, 2024 | ||
| KT Corporation | ||
| By: | /s/ Youngkyoon Yun | |
| Name: | Youngkyoon Yun | |
| Title: | Vice President | |
| By: | /s/ Sanghyun Cho | |
| Name: | Sanghyun Cho | |
| Title: | Director | |
Report of Amendment
| 1. Document to be amended | Charges of Embezzlement | |||||
| 2. Date of previous disclosure | 2024-06-21 | |||||
| 3. Reason for amendment | Confirmation of appeal against second verdict | |||||
| 4. Details of amendment | ||||||
| 5. Item to be amended | Before amendment | After amendment | ||||
| 6. Additional Details Relevant to Investment Consideration | - This disclosure is based on the 2nd trial verdict of the court and may be subject to change depending on possible further appeal and outcomes. | - This disclosure is based on the confirmation of the Seoul Central District Prosecutors’ Office’s appeal against the verdict of acquittal in the 2nd trial. This is subject to change depending on future decision of the Supreme Court. | ||||
Charges of Embezzlement
| 1. Details | Second trial verdict of the Seoul Central District Court on the charges of embezzlement in office by 10 former executives KT Corporation.
• Subject: Hyeon-mo Ku (former CEO) and 9 others • Second trial verdict: Overturned first trial verdict and declared ‘not guilty’ | |||
| 2. Amount of embezzlement | Confirmed amount(KRW) | — | ||
| Total equity(KRW) | 18,561,137,289,344 | |||
| Percentage of equity(%) | — | |||
| 3. Future measures | The Company will continue to monitor the progress of all future processes | |||
| 4. Date of Determination | 2024-06-19 | |||
| 5. Date of Confirmation | 2024-06-20 | |||
| 6. Additional Details Relevant to Investment Consideration |
• This disclosure is based on the confirmation of the Seoul Central District Prosecutors’ Office’s appeal against the verdict of acquittal in the 2nd trial. This is subject to change depending on future decision of the Supreme Court.
• ‘Confirmed amount(KRW)’ of Item 2 above is indicated as “-” due to the verdict of ‘not guilty’.
• ‘Total equity(KRW)’ of Item 2 above refers to the consolidated total equity as of the end of 2023.
• Item 4 above refers to the date of the 2nd trial verdict of 10 former executives, not the date of final confirmation of the verdict. | |||