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 April 2006
Woori Finance Holdings Co., Ltd.
(Translation of registrants name into English)
203, Hoehyon-dong, 1-ga, Chung-gu, Seoul, 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):
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 registrants home country), or under the rules of the home country exchange on which the registrants 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 registrants 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.
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
Subject: Joint Venture with Credit Suisse
Woori Asset Management, a wholly-owned subsidiary of Woori Finance Holdings, entered into a joint venture arrangement with Credit Suisse Asset Management International Holding, a wholly-owned subsidiary of Credit Suisse Group.
Key Details
1. | Transfer of 30% of Woori Finance Holdings 100% stake in Woori Asset Management to Credit Suisse Asset Management International Holding, a wholly owned subsidiary of Credit Suisse Group. After the transfer, Woori Asset Management will be renamed Woori Credit Suisse Asset Management. |
2. | Credit Suisse will involve in management of Woori Credit Suisse Asset Management by participating in the board of directors. Risk management and product development and management will be jointly carried out. |
Resolution Date: April 11, 2006
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 Finance Holdings Co., Ltd. | ||||
(Registrant) | ||||
Date: April 11, 2006 |
By: | /s/ Youngsun Kim | ||
(Signature) | ||||
Name: | Youngsun Kim | |||
Title: | Director |