Key Developments: KT Corp (KT)

KT on New York Consolidated

24 Apr 2015
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Latest Key Developments (Source: Significant Developments)

KT to sell entire shares of KT Rental
Wednesday, 11 Mar 2015 06:06pm EDT 

KT Corp:To sell entire 5,698,768 shares of KT Rental to improve competitiveness and financial structure.Transaction price of 772,097,234,070 won.  Full Article

KT issues 2015 revenue outlook above analysts' estimates
Friday, 30 Jan 2015 02:10am EST 

KT Corp:Sees revenue of 24,000 bln for 2015.2015 revenue of 20,825.05 bln won - Thomson Reuters I/B/E/S.  Full Article

KT to merge with wholly owned subsidiary
Wednesday, 7 Jan 2015 03:44am EST 

KT Corp:To merge with a wholly owned subsidiary, kt mediahub, which is engaged in the new media business, to improve operating efficency and create synergy.Merger effective date of March 31 and registered date of April 2.The company will survive and the subsidiary will be dissolved after the merger.  Full Article

Kt Corporation announces shareholding change in Ktis Corp
Wednesday, 5 Nov 2014 09:47pm EST 

Kt Corporation:Kt Corporation has increased stake in Ktis Corp to 29.3 pct (10,196,190 shares) up from 17.8 pct (6,196,190 shares).  Full Article

KT CORPORATION announces shareholding change in KTCS CORPORATION
Tuesday, 4 Nov 2014 01:59am EST 

KTCS CORPORATION:Ktis Corporation and five related parties who combined hold 30.37 pct stake of the company have become top shareholder, replacing KT CORPORATION.KT CORPORATION and three related parties' stake in the company were decreased to 7.52 pct down from 19.12 pct.  Full Article

KT Corp to dispose treasury shares
Thursday, 24 Apr 2014 04:50am EDT 

KT Corp:To sell 2,106 shares of common stock during the period from April 25 to May 30.Offering price of 32,650 won per share, or 68,760,900 won in total.  Full Article

KT Corp receives punishment from Ministry of Science, ICT & Future Planning
Friday, 7 Mar 2014 02:54am EST 

KT Corp:Received punishment from Ministry of Science, ICT & Future Planning, due to the company's default on stopping prohibited actions identified by Korea Communication Commission.The company was forbidden to recruit new users and change machine during 45 days from March 13 to April 26.  Full Article

KT Corp amends plan of acquiring investment business of KT Capital Corporation
Friday, 28 Feb 2014 02:23am EST 

KT Corp:Says amended plan of acquiring investment business of KT Capital Corporation, which was previously announced on Aug. 9, 2013.Merger effective date was amended to March 13 from March 1.  Full Article

KT Corp issues FY 2014 revenue outlook above analysts' estimates
Monday, 27 Jan 2014 09:29pm EST 

KT Corp:Sees revenue of 24,000 billion won for fiscal year 2014.FY 2014 revenue of 20,487.75 billion won - Thomson Reuters I/B/E/S.  Full Article

KT Corp declares annual cash dividend for FY 2013
Monday, 27 Jan 2014 05:13pm EST 

KT Corp:Says an annual cash dividend of 800 won per share for fiscal year 2013.Says dividend payment to shareholders of record on Dec. 31.Says total dividend amount of 195,112,186,400 won.  Full Article

Fitch Publishes Ratings Navigator for 17 APAC Telcos

(The following statement was released by the rating agency) SYDNEY/HONG KONG/SINGAPORE, November 30 (Fitch) Fitch Ratings has published its new Rating Navigators for the following Asia-Pacific (APAC) telecommunications companies: - Advanced Info Service Public Company Limited, - Bharti Airtel Limited, - China Mobile Limited, - China Telecom Corporation Limited, - Global Cloud Xchange Limited, - Globe Telecom, Inc., - KT Corporation, - Pacnet Limited, - Philippine Long Distance Telephon

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