Business Context and Reporting Period
This Form 6-K filing by Woori Finance Holdings Co., Ltd. (Woori Finance Holdings) covers the month of June 2007. The report discloses a material change in the shareholding of the company's largest shareholder, the Korea Deposit Insurance Corporation (KDIC).
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate governance and equity structure changes.
Material Changes
On June 21, 2007, KDIC reduced its stake in Woori Finance Holdings through after-hours trading.
- Shares Sold: 40,300,000 common shares.
- Previous Holding: 628,458,609 common shares.
- New Holding: 588,158,609 common shares.
- Updated Ownership Ratio: 72.97% of total issued shares.
Total issued common shares remain at 806,015,340. There are no preferred shares outstanding.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document is a statutory notification of a change in beneficial ownership.
Investor Verification Checklist
- Verify the current shareholding percentage of KDIC (72.97%) against the total issued share count (806,015,340).
- Confirm the date of the transaction (June 21, 2007) and the method of sale (After Hours Trading).
- Check for subsequent filings regarding further reductions in KDIC's stake or changes in control.
- Note that this filing does not reflect the company's operational or financial performance for the period.