Source Fact: Financial Supervisory Service DART / 2024-09-26
Disclosure Type: Other Material Management Matters / Relisting Base Price Determination Notice
💡 3-Second Summary
Upon the relisting of Hanwha Aerospace due to a corporate spin-off, the initial base price on September 27 will be determined via pre-market call auction within 50% to 200% of the evaluated price (KRW 290,000).
📊 1. [Key Disclosure Content & Key Figures Summary]
- Target Company: Hanwha Aerospace (Stock Code: 012450)
- Reason: Relisting following corporate spin-off (Surviving Entity)
- Effective Date: September 27, 2024
- Share Type & Price Figures:
- Evaluated Price: KRW 290,000
- Maximum Ask/Bid Limit: KRW 580,000 (200% of Evaluated Price)
- Minimum Ask/Bid Limit: KRW 145,000 (50% of Evaluated Price)
- Base Price Determination Method: Orders will be collected within the range of the minimum (KRW 145,000) and maximum (KRW 580,000) ask/bid limits from the order acceptance time until the market opens. The initial price determined through the single-price call auction method will become the base price.
- Trading Execution: Standard daily price limit of ±30% will be applied based on the determined base price.
- Governing Regulation: Article 30 of the Enforcement Rules of the KOSPI Market Business Regulations.
📈 2. [Expert Insight: What This Disclosure Means for Investors]
This official disclosure outlines the procedural rules and calculation range for establishing the initial base price of Hanwha Aerospace (surviving entity) upon its relisting following a corporate spin-off.
The opening reference price is set to be calculated through a single-price call auction within the boundary of KRW 145,000 to KRW 580,000, anchored by the evaluated price of KRW 290,000. Once established, the standard ±30% daily price limit may apply to subsequent transactions. Investors need to recognize this notice as a administrative framework governing price discovery for the market open rather than a direct fundamental event.
📝 Editor’s Comment (by K-STOCK Editor)
This disclosure specifies the institutional mechanism through which Hanwha Aerospace’s reference price will be established on its relisting date (September 27, 2024) following the spin-off. The final base price is derived from orders submitted prior to the market open within the defined minimum (KRW 145,000) and maximum (KRW 580,000) order range.
From an analytical standpoint, key items to monitor include the matched initial opening price generated during the pre-market auction phase on September 27 and the execution of trades within the standard ±30% price limit band established from that benchmark.
📢 Disclaimer & Source Notice
Source: This content was newly structured and created based on official data submitted to the Financial Supervisory Service’s DART system.
Investment Risk Warning: This content is provided for informational and language 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 entirely with the investor.
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