Business Context and Reporting Period
This Form 6-K was filed by LG.Philips LCD Co., Ltd. (LG Display) on September 11, 2007, covering the month of September 2007. The filing reports a material event regarding a change in an affiliated company structure.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate structural changes rather than financial performance.
Material Changes
The registrant announced the establishment of a new subsidiary:
- Entity Name: Global Professional Sourcing Co., Ltd.
- Location: Taipei, Taiwan.
- Parent Company: LG.Philips LCD Taiwan Co., Ltd. (a subsidiary of the registrant).
- Primary Business: Purchasing.
- Paid-in Capital: TWD 10,000,000.
- Ownership: LG.Philips LCD Taiwan Co., Ltd. holds a 70% shareholding ratio.
- Representative Director: SeHyuk Ahn.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items beyond the establishment of the new entity.
Investor Verification Points
- Confirm the operational status and strategic purpose of Global Professional Sourcing Co., Ltd. within the LG Group supply chain.
- Verify the remaining 30% shareholding structure of the new Taiwanese subsidiary.
- Review subsequent filings for any financial impact or integration costs related to this new entity.