Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Aerospace updated its disclosure to reflect the earlier-than-scheduled completion (moved up from December 31, 2024, to October 31, 2024) of its capital contribution of approximately KRW 655.7B into its U.S. subsidiary, Hanwha Futureproof Corp.
📊 [Key Disclosure Details & Summary of Figures]
- Company Name: Hanwha Aerospace Co., Ltd.
- Ticker Symbol: 012450
- Disclosure Type: Decision on Acquisition of Shares and Investment Securities of Other Corporation (Corrected Disclosure)
- Disclosure Date: 2024-10-31 (Original Disclosure Date: 2023-05-24)
- Target Company: Hanwha Futureproof Corp. (United States / Affiliated Company)
Key Corrections (Before Correction → After Correction):
- Scheduled Acquisition Date: 2024-12-31 → 2024-10-31 (Correction due to earlier completion of the capital investment schedule)
Key Terms & Acquisition Details (Based on Board Resolution Date 2023-05-24):
- Number of Shares to Acquire: 50,000 shares
- Acquisition Amount: KRW 655.70B (KRW 655,700,000,000 / USD 500M, Exchange Rate: KRW 1,311.40/USD)
- Ratio to Equity: 16.71% (Total Equity: KRW 3,923,783,553,861 as of end of 2022)
- Total Shares Held & Equity Ratio After Acquisition: 50,190 shares (50.00% equity stake)
- Method of Acquisition: Cash acquisition (Participation in shareholder-allocated paid-in capital increase)
- Purpose of Acquisition: Participation in U.S. asset and company investments (To acquire shares in Hanwha Futureproof LLC.)
- Ratio of Acquisition Value to Total Assets: 4.33% (Total Assets: KRW 15,157,301,978,809)
- Board Resolution Date: 2023-05-24 (4 Outside Directors present)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Completion of Capital Contribution and Balance Sheet Recognition
This corrected disclosure confirms the finalized and accelerated completion of installment contributions to its U.S. subsidiary as of October 31, 2024. Verifying whether the completed equity contribution is fully settled and accounted for under subsidiary investment assets on the consolidated balance sheet is essential for understanding the company’s cross-border asset allocation. Details can be verified in the “Status of Investment in Other Corporations” section and notes to financial statements regarding investments in subsidiaries/affiliates in upcoming Periodic Reports (Quarterly, Half-Yearly, or Annual Business Reports).
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Source: This content was newly structured and generated based on official submission data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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