KT Corporation (KTCD) - Establishment of media contents corporation RNS Number : 4214P KT Corporation 24 October 2012 Report on Material Matters (Voluntary Disclosure) Establishment of a Media/Contents Corporation 1. Purpose of establishment - Fostering the media/contents business as a future growth engine by enhancing its expertise - Adopting a proper management system and corporate culture in order to become more lenient and flexible to fluctuation in the media/contents industry 2. The amount of investment - KRW 80 billion 3. Scheduled date of establishment - December 2012 4. Date of decision made - October 23, 2012 This information is provided by RNS The company news service from the London Stock Exchange END MSCMMMZGGDZGZZM -0- Oct/24/2012 10:14 GMT
KT Corporation KTCD Establishment of media contents corporation
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