Form 6-K

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 November 13, 2006

 

Woori Finance Holdings Co., Ltd.

(Translation of registrant’s 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 registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s 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 registrant’s 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    

 

Disposition of Daewoo Engineering & Construction Shares

On November 13, 2006, Woori Bank, a wholly-owned subsidiary of Woori Finance Holdings, agreed, as a member of the creditors’ committee of Daewoo Engineering & Construction, to sell to a third party shares of Daewoo Engineering & Construction.

Transaction Details

 

Item

  

Details

Sale amount

  

489,059,972,138 Won

Number of shares sold

  

18,622,007 shares

Outstanding shares before sale

  

19,062,007 shares

Outstanding shares after sale

  

400,000 shares

Expected closing date

  

December 15, 2006

There may be changes to the transaction structure or schedule in the future.

 

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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: November 13, 2004   By:  

/s/ Young Sun Kim

    (Signature)
  Name:   Young Sun Kim
  Title:   Director

 

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