Woori Financial Group Adds Woori Investment Securities as Direct Subsidiary

Ticker: WF · Form: 6-K · Filed: Aug 1, 2024 · CIK: 1264136

Sentiment: neutral

Topics: subsidiary, corporate-structure, disclosure

TL;DR

Woori Financial Group just added Woori Investment Securities as a direct subsidiary.

AI Summary

On August 1, 2024, Woori Financial Group Inc. announced the addition of Woori Investment Securities Co., Ltd. (formerly Korea Foss Securities Co., Ltd.) as a direct subsidiary. This change was made following a board resolution.

Why It Matters

This filing indicates a structural change within Woori Financial Group, potentially impacting its operational scope and reporting structure.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a corporate structural change and does not present immediate financial risks.

Key Players & Entities

FAQ

What was the previous name of Woori Investment Securities Co., Ltd.?

The previous name was Korea Foss Securities Co., Ltd.

When was this addition disclosed?

The addition was disclosed on August 1, 2024.

What type of entity is Woori Investment Securities Co., Ltd. to Woori Financial Group?

It is a direct subsidiary.

Was this change approved by the board?

Yes, the addition was made pursuant to a board resolution.

What is the filing form used for this disclosure?

The filing form is a 6-K.

Filing Stats: 404 words · 2 min read · ~1 pages · Grade level 8.8 · Accepted 2024-08-01 06:08:55

Filing Documents

SIGNATURES

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 Financial Group Inc. (Registrant) Date: August 1, 2024 By: /s/ Sung-Wook Lee (Signature) Name: Sung-Wook Lee Title: Deputy President

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