KT, Need for the expansion of shareholder return and the physical division(Yuanta Securities)

[Infostock Daily= Reporter An Hoe Hyun] Yuanta Securities emphasized on KT on the 25th, "Although equity spinoff will be difficult in terms of governance structure that there are no major shareholders, but it is necessary to actively consider physical division of major businesses."

It is argued that KT should actively consider 'physical division' of major businesses to boost stock prices.

"The physical division can be a growth business or subject to restructuring," the company  evaluated, adding, "The antipathy to the shareholder's physical division has increased since the LG Chem's physical division, but in fact, the physical division is one of the good management strategies to highlight the growth business and maximize the restructuring effect."

"As KT's consolidated sales exceed 24 trillion won, resolving the regret that the results of its growth business are not highlighted through restructuring can also be an alternative to increasing corporate value," the company explained.

Reporter An Hoe Hyun ahh@infostock.co.kr