Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Aerospace decided to lend approximately KRW 569.9B to its Singapore subsidiary (Hanwha Ocean SG Holdings) to fund its tender offer for shares of Dyna-Mac.
📊 [Key Disclosure Details & Summary of Figures]
- Company Name: Hanwha Aerospace Co., Ltd.
- Ticker Symbol: 012450
- Disclosure Type: Decision on Loan to Others
- Disclosure Date: 2024-09-11
- Borrower: Hanwha Ocean SG Holdings Pte. Ltd. (Affiliated Company)
Key Terms & Loan Figures:
- Loan Amount: KRW 569.91B (KRW 569,909,514,801 / SGD 553,036,375, Applied exchange rate: KRW 1,030.51/SGD)
- Ratio to Equity: 12.17% (Total Equity: KRW 4,684,225,317,909 as of end of 2023)
- Interest Rate: 4.6% per annum
- Loan Period: 2024-09-11 ~ 2025-06-10
- Purpose of Loan: Shareholder loan for subsidiary’s business promotion (Tender offer funds to acquire shares of Dyna-Mac Holdings Ltd.)
- Total Outstanding Loan Balance: KRW 569.91B (KRW 569,909,514,801)
- Board Resolution Date: 2024-09-11 (4 Outside Directors present)
- Other Remarks: Scheduled installment lending based on tender offer progress during the loan period
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Loan Disbursement Progress and Subsidiary Tender Offer Status
This disclosure details a corporate lending decision designed to provide tender offer funds for its Singapore subsidiary to acquire Dyna-Mac Holdings. Verifying whether the loan funds are disbursed as planned over the loan period (September 11, 2024, to June 10, 2025) and tracking the progress of the Dyna-Mac tender offer is important for confirming the execution of the financing purpose. Detailed progress can be verified in the “Loans to Affiliates” notes to financial statements in upcoming Periodic Reports (Quarterly, Half-Yearly, or Annual Business Reports) or subsequent disclosures.
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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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