Business Context and Reporting Period
This Form 6-K filing by Woori Finance Holdings Co., Ltd. (Woori Financial Group Inc.) covers the month of October 2003. The report discloses a corporate governance event regarding a wholly-owned subsidiary, Woori Credit Card.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a report of a specific corporate event rather than a financial statement.
Material Changes
The primary material change reported is the discharge of Mr. Ki-Sang Jung from his position as Statutory Auditor of Woori Credit Card, effective October 7, 2003. This action was approved via a resolution at an extraordinary shareholders' meeting held on the same date.
Management Commentary and Risks
The filing provides biographical details regarding the discharged auditor, Mr. Ki-Sang Jung, including his age (55), educational background (Yonsei University), and prior vocational experience as a statutory auditor at Woori Merchant Bank and Managing Director at Hanvit Bank. His original term was set to run from December 31, 2001, to December 30, 2004. No other risks, contingencies, or unusual items are discussed in this text.
Key Facts for Investor Verification
- Woori Credit Card is a wholly-owned subsidiary of Woori Finance Holdings Co., Ltd.
- Mr. Ki-Sang Jung was discharged as Statutory Auditor and Director on October 7, 2003.
- The discharge was authorized by an extraordinary shareholders' meeting.
- The filing contains no financial performance data for the period.