Form 6-K

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2019

Commission File Number: 001-31811

 

 

Woori Financial Group Inc.

(Translation of registrant’s name into English)

 

 

51, Sogong-ro, Jung-gu, Seoul, 04632, Korea

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒            Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 


Results of the Annual General Meeting of Shareholders

of Woori Bank for Fiscal Year 2018

The annual general meeting of shareholders of Woori Bank was held on March 27, 2019 and all four agenda items listed below were approved and ratified as originally proposed.

Key Details Relating to the Annual General Meeting of Shareholders

 

 

Agenda:

 

1.

Approval of financial statements for the fiscal year 2018

 

2.

Appointment of standing director

- Candidate for standing director : Jung-Sik Oh

 

3.

Appointment of audit committee member who is not an outside director

- Candidate for member of the audit committee who is not an outside director : Jung-Sik Oh

 

4.

Approval of the maximum limit on directors’ compensation


   

Agenda details

 

   

Approval of financial statements of Woori Bank for fiscal year 2018

(units: in millions of KRW, unless indicated otherwise)

< Consolidated – Independent Auditor’s Opinion : No exceptions>

 

Total Assets

     340,447,183      Revenue*      19,940,556  

Total Liabilities

     318,494,139      Operating Income      2,759,301  

Capital Stock

     3,381,392      Net Income      2,051,649  

Total Shareholder’s

Equity

     21,953,044      Earnings Per Share
(in KRW)
     2,796  

< Separate – Independent Auditor’s Opinion : No exceptions>

 

Total Assets

     317,392,879      Revenue*      17,611,404  

Total Liabilities

     296,343,879      Operating Income      2,415,691  

Capital Stock

     3,381,392      Net Income      1,810,904  

Total Shareholder’s

Equity

     21,049,000      Earnings Per Share
(in KRW)
     2,466  

 

*

Represents the sum of interest income, fee and commission income, dividend income, gain on financial assets and other operating income (excluding non-operating income)

 

   

Cash dividends for fiscal year 2018

(units: in KRW)

Total dividends per common share

    

650

(4.0% of market price of common stock)

 

 

Dividend per class share

     —    

Total dividend amount

     437,626,296,900  


   

Appointment of standing director

 

Name

 

Date of

Birth

 

Term

  

Appointment

 

Career Background

Jung-Sik

Oh

 

July

1956

  From the time of appointment at the AGM held in Mar. 2019 to the end of the AGM held in Mar. 2020    Re-appointment  

•  (Current) Standing Director, Woori Bank

•  CEO, KB Capital

•  Executive Vice President, Head of Commercial Business, Citibank

 

   

Appointment of audit committee member who is not an outside director

 

Name

 

Date of

Birth

 

Term

  

Appointment

 

Career Background

Jung-Sik

Oh

 

July

1956

  From the time of appointment at the AGM held in Mar. 2019 to the end of the AGM held in Mar. 2020    Re-appointment  

•  (Current) Standing Director, Woori Bank

•  CEO, KB Capital

•  Executive Vice President, Head of Commercial Business, Citibank


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

   

Woori Financial Group Inc.

    (Registrant)

Date: March 27, 2019

    By:  

/s/ Kyong-Hoon Park

      (Signature)
    Name:   Kyong-Hoon Park
    Title:   Deputy President