Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Aerospace updated its disclosure as the estimated acquisition amount for the tender offer of Dyna-Mac Holdings by its Singapore subsidiary (Hanwha Ocean SG Holdings) was increased from approximately KRW 779.7B to KRW 870.5B.
📊 [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: 2024-10-14 (Original Disclosure Date: 2024-09-11)
- Target Subsidiary: Hanwha Ocean SG Holdings Pte. Ltd. (Singapore / Investment Business)
- Target Company: Dyna-Mac Holdings Ltd. (Singapore / Offshore Structure Manufacturing)
Key Corrections (Before Correction → After Correction):
- Total Issued Shares of Target Company: 1,115,364,667 shares → 1,179,985,415 shares
- Number of Shares to Acquire: 1,260,967,835 shares → 1,260,729,835 shares (Includes subscription rights, etc.)
- Acquisition Amount: KRW 779.66B (KRW 779,663,978,187) → KRW 870.46B (KRW 870,460,451,085)
- Ratio to Total Assets: 84,064,522% → 93,854,332%
- Total Shares Held After Acquisition: 1,260,967,835 shares → 1,260,729,835 shares (Planned 100.0% equity stake based on tender offer terms)
Other Details:
- Method of Acquisition: Tender Offer (Aiming for 100.0% equity acquisition)
- Purpose of Acquisition: Securing future growth drivers and creating strategic business synergies
- Scheduled Acquisition Date: 2024-12-02 (Scheduled closing date for tender offer)
- Board Resolution Date: 2024-09-11 (Applied exchange rate: KRW 1,030.51/SGD)
- Target Company (Dyna-Mac) 2023 Financials: Revenue KRW 396.92B, Net Income KRW 29.57B, Total Assets KRW 355.67B
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Tender Offer Progress and Final Subscription Results
This corrected disclosure reflects an upward revision of the expected acquisition cost to approximately KRW 870.5B due to changes in the tender offer terms for Dyna-Mac Holdings. Verifying whether the tender offer successfully closes on the scheduled closing date (December 2, 2024) to secure the intended ownership stake is important for evaluating the completion of this cross-border acquisition. Detailed updates can be verified in the “Matters Concerning Subsidiaries” and “Status of Investment in Other Corporations” sections of upcoming Periodic Reports (Quarterly, Half-Yearly, or Annual Business Reports) or subsequent corrective disclosures.
📢 Disclaimer and Source Notice
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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