Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
This filing discloses an amendment to Hanwha Ocean’s plant business acquisition from Hanwha Corporation, finalizing the net asset settlement amount at KRW 4.4B (received) and setting the final transaction value at KRW 210.0B.
📊 [Key Disclosure Highlights & Summary]
- Filing Type: Other Management Matters (Voluntary Disclosure – Amendment)
- Related Filing Submission Date: April 3, 2024
- Reason for Amendment: Correction of disclosure items due to finalization of settlement amount
- Key Revisions (Plant Business Acquisition):
- Finalized Settlement Amount: KRW 4.4B (Received from Hanwha Corporation)
- Finalized Total Transaction Amount: KRW 210.0B (Net of KRW 4.4B settlement deducted from initial KRW 214.4B acquisition price)
[Detailed Acquisition Terms]
- Purpose of Acquisition: Strengthening business competitiveness through the acquisition of wind power and plant businesses
- Transferor: Hanwha Corporation (Affiliate of Hanwha Ocean)
- Board Decision Date: April 3, 2024
- Plant Business Acquisition (Subject of Amendment)
- Scope of Acquisition: Assets, liabilities, contracts, and permits related to the plant business
- Initial Acquisition Price: KRW 214.4B
- Settlement Amount: KRW 4.4B (Received)
- Total Transaction Amount: KRW 210.0B
- Ratio to Recent Total Assets: 1.5% (Based on FY2023 consolidated assets of KRW 13.945T)
- Expected Acquisition Date: July 1, 2024
- Wind Power Business Acquisition
- Scope of Acquisition: Assets, liabilities, contracts, and permits related to the wind power business
- Acquisition Price: KRW 188.1B (Subject to net asset settlement within 2 months of closing)
- Ratio to Recent Total Assets: 1.3%
- Expected Acquisition Date: October 1, 2024
[Other Material Notes]
- This transaction does not fall under Article 374 of the Commercial Code and does not require shareholder approval.
- The single sales and supply contract disclosed by Hanwha Corporation on February 19, 2024, will also be transferred to Hanwha Ocean in connection with the wind power business acquisition.
- Regarding the plant business acquisition, a separate agreement was executed with Hanwha Corporation on July 1, 2024, regarding potential liquidated damages (Hanwha Corporation indemnifies up to 10% of total contract value if liquidated damages occur).
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Plant Business Settlement and Wind Power Acquisition Progress
This amendment finalizes the net asset settlement amount and total purchase price for the plant business acquired from Hanwha Corporation. It is important to confirm the settlement receipt of KRW 4.4B and final transaction value (KRW 210.0B), while tracking the subsequent closing and settlement process for the wind power business acquisition. Relevant progress and subsequent updates can be verified through future regular financial reports (Quarterly, Semi-Annual, or Annual Business Reports) or subsequent official public disclosures.
📢 Disclaimer & Source Notice
Source: This content was newly structured based on official data submitted to the Financial Supervisory Service’s DART system.
Investment Risk Warning: This content is provided for informational and linguistic reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest solely with the investor.
Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.
