LG Display Co., Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K was filed by LG Display Co., Ltd. on March 4, 2009, covering the month of March 2009. The filing reports a material corporate event regarding a shareholding change in a third-party entity, ADP Eng Co., Ltd.
Key Financial Metrics
The filing does not provide consolidated revenue, profit, cash flow, margins, debt, or liquidity metrics for LG Display. The only financial data disclosed relates to a specific equity transaction:
- Transaction Date: February 25, 2009
- Target Company: ADP Eng Co., Ltd.
- Shares Acquired: 3,000,000 common shares
- Purchase Price: KRW 2,110 per share
- Method of Acquisition: Third-Party Allocation of New Shares
Material Changes
As a result of the acquisition on February 25, 2009, LG Display's shareholding in ADP Eng Co., Ltd. increased from 0% to 12.93%. The total number of voting shares issued by ADP Eng as of that date was 23,200,000.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, risk factors, or contingencies beyond the disclosure of the share acquisition.
Investor Verification Checklist
- Verify the strategic rationale for acquiring a 12.93% stake in ADP Eng Co., Ltd.
- Confirm the total investment value (3,000,000 shares x KRW 2,110).
- Review ADP Eng Co., Ltd.'s business operations to assess the materiality of this investment to LG Display's overall portfolio.
- Check for any subsequent filings regarding further capital commitments to ADP Eng.