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, 2003
Commission File Number: 1-13368
POSCO
(Translation of registrant's name into English)
POSCO Center, 892 Daechi 4-dong, Kangnam-gu, Seoul, Korea, 135-777
(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 whether the registrant by furnishing the information
contained in this Form 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 ]
[If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b) : 82- .]
POSCO is furnishing under cover of Form 6-K :
Exhibit 99.1: An English-language translation of documents with respect to
the Results of POSCO's 35th Ordinary General Meeting of
Shareholders.
EXHIBIT 99.1
RESULTS OF POSCO'S 35TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
1. Approval of Financial Statements
- Total Assets (KRW): 17,244,486 million
- Total Liabilities (KRW): 5,922,906 million
- Paid-in Capital (KRW): 482,403 million
- Shareholder's Equity (KRW): 11,321,580 million
- Sales (KRW): 11,728,595 million
- Ordinary Profit (KRW): 1,465,444 million
- Net Profit (KRW): 1,101,325 million
- Net Profit per Share (KRW): 13,442
2. Approval of Details of Dividends
- Cash Dividend (including interim dividend): 286,057,494,500(KRW)
- Dividends per share (KRW): 3,000
- Payout Ratio: 26.0%
3. Approval of Partial Amendments to the Articles of Incorporation
4. Approval of Election of Directors and Election of Members of Audit
Committee
- Appointment of Directors: Choi, Kwang-Woong (Standing Director)
Kim, Han-Kyoung, (Outside Director)
- Appointment of Members of Audit Committee: Kim.E., Han,
Yoo, Hyun-Shik
5. Approval of Directors' Remuneration
- The ceiling amount of total remuneration for the Directors for
the 2003 fiscal year shall be 3.5 billion KRW.
- Actual amount of remuneration paid to 15 directors in the 2002
fiscal year:
2.8 billion KRW (Approved ceiling: 3.15 billion KRW)
- Total number of Directors for the 2003 fiscal year will be 15 as
for 2002
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.
POSCO
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(Registrant)
Date March 14, 2003 By /s/ Sohn, Yong-Ho
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(Signature)*
Name: Sohn Yong-Ho
Title: General Manager of Finance
Management Department