UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

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

THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF AUGUST 2015

Commission File Number: 333-04906

 

 

SK Telecom Co., Ltd.

(Translation of registrant’s name into English)

 

 

Euljiro65(Euljiro2-ga), Jung-gu

Seoul 100-999, 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  x            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):  ¨

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):  ¨

 

 

 

Decision on Disposal of Shares by Subsidiary

 

1. Name of Subsidiary    SK Planet Co., Ltd. (the “Company”)
2. Details of Issuing Company    Name of Company    SK Communications Co., Ltd.
   Capital Stock(KRW) as of December 31, 2014    21,713,765,000    Relationship to Company    Affiliated Company
   Number of Shares issued as of December 31, 2014    43,427,530    Main Business    Internet Service
3. Details of Disposal    Number of Shares to Be Disposed    22,148,040
   Disposal Amount(KRW)    170,539,908,000
   Total Assets of the Company at the End of the Latest Fiscal Year(KRW)    2,579,286,398,516
   Ratio of Disposal Amount to Total Assets(%)    6.61
4. Number of Shares Held and Shareholding Ratio after Disposal    Number of Shares Held    5,881,905
   Shareholding Ratio(%)    13.5
5. Purpose of Disposal    Business portfolio adjustment for strategic purpose
6. Scheduled Disposal Date    October 1, 2015(subject to change)
7. Date of Board Resolution(Decision Date)    August 26, 2015
-Attendance of Outside Directors    Present    —
   Absent    —
-Attendance of Auditors(members of Audit Committee)    Absent
8. If entered into an agreement for Put Option, Call Option, Put Back Option, etc.    —
-Details of agreements    —
9. Other references useful for making investment decisions    The sale is subject to various closing conditions and thus, may be terminated if such closing conditions are not met.

 

2

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.

 

SK TELECOM CO., LTD.
(Registrant)
By:  

/s/ Yong Hwan Lee

(Signature)
Name:   Yong Hwan Lee
Title:   Senior Vice President

Date: August 28, 2015

 

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