LG Display Co., Ltd. (formerly LG.Philips LCD Co., Ltd.) - Form 6-K Summary
Business Context and Reporting Period
This Form 6-K reports the results of the 23rd Annual General Meeting of Shareholders held on February 29, 2008, for the fiscal year 2007. The registrant, LG.Philips LCD Co., Ltd., is a foreign private issuer based in Seoul, The Republic of Korea.
Key Financial Metrics
The filing does not provide detailed financial statements, revenue, profit, cash flow, margins, debt, or liquidity figures. The only specific financial metric disclosed is the approved cash dividend of KRW 750 per share for fiscal year 2007.
Material Changes
- Corporate Name Change: The Articles of Incorporation were amended to change the company name from "LG.Philips LCD Co., Ltd." to "LG Display Co., Ltd."
- Board Composition: Seven directors were appointed, including new inside directors from LG Electronics and Philips, and new outside directors with expertise in semiconductors, law, and patent management.
- Audit Committee: Two new Audit Committee members were appointed.
Guidance, Outlook, and Management Commentary
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It is strictly a procedural report of shareholder meeting approvals.
Key Facts for Investor Verification
- Verify the official effective date of the name change to "LG Display Co., Ltd."
- Confirm the total dividend payout amount based on the KRW 750 per share rate and the number of outstanding shares.
- Review the full non-consolidated financial statements for fiscal year 2007, which were approved but not included in this filing.
- Monitor the integration of new directors from LG Electronics and Philips into the company's strategic direction.