KT "Received Recommendations for 9 Experts to Join 'New Governance Establishment TF'"

KT announced on the 13th that it has received recommendations for 9 experts to participate in the 'New Governance Establishment TF' from major shareholders.

As of the previous day, KT received recommendations for external experts to participate in the TF from 17 major domestic and international shareholders holding more than 1% of shares, resulting in 9 experts recommended by 7 institutions.

On the 31st, shareholders are entering the meeting hall at the KT shareholders' meeting held at the KT Research and Development Center in Seocho-gu, Seoul. Photo by Dongju Yoon doso7@

However, KT explained, "We will not disclose detailed information according to the wishes of some shareholders." It also stated, "The list of TF participants will be announced again once it is finalized."

Earlier, on the 5th, KT sent official letters requesting recommendations for external experts to participate in the New Governance TF to major domestic and international shareholders holding more than 1% of shares (as of the end of last year). The current interim board of directors, composed of four members including outside director Kim Yongheon, will select around 5 candidates out of the 9 recommended to finalize the list of TF participants. The board will review the qualifications of the external expert candidates.

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