Fact Source: Financial Supervisory Service DART
💡 Executive Summary
Hanwha Ocean’s US subsidiary, Hanwha Ocean USA Holdings Corp., decided to conduct a paid-in capital increase of KRW 502.0B (USD 341.0M) to secure funds for acquiring securities of other corporations.
📊 [Key Disclosure Details & Financial Summary]
1. Capital Increase Overview
- Target Company (Subsidiary): Hanwha Ocean USA Holdings Corp. (CEO: Yeong-seong Jang / Primary Business: Maritime service)
- Purpose of Funds: Securities acquisition funds for other corporations (KRW 502,000,000,000 / KRW 502.0B / USD 341,000,000)
- Applied FX Rate: USD/KRW = 1,472.00 (Base rate of Seoul Money Brokerage Services as of 2025-11-24, rounded at 100M KRW)
2. Capital Increase Terms & Scale
- Type & Number of New Shares: 3,410 common shares (New shares per share: 0.6732478)
- Method: Rights offering to existing shareholders (Participated by 100% parent Hanwha Ocean)
- Confirmed Issue Price per Share: KRW 502,000,000,000 (Total issuance value approx. KRW 502.0B)
- Total Shares Outstanding Before Increase: 5,065 common shares
3. Schedule & Other Key Details
- Payment Date: 2026-12-31 (Final expected completion date; capital contribution to be made in installments according to project progress)
- Board Resolution Date: 2025-11-21 (Board approval date of Hanwha Ocean USA Holdings Corp.)
- Subsidiary Asset Scale: Total assets KRW 473.4B (2.7% of parent Hanwha Ocean’s consolidated total assets of KRW 17.84T based on FY2024 end)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Capital Contribution Installments and Proceeds Deployment
This filing notifies the market that Hanwha Ocean’s US subsidiary, Hanwha Ocean USA Holdings Corp., resolved to conduct a rights offering of KRW 502.0B.
Tracking whether installment payments proceed as scheduled through the target date (December 31, 2026) and verifying that the raised proceeds are deployed as intended for acquiring securities of other corporations is important for evaluating capital execution.
Details regarding the progress of capital execution can be tracked through future official periodic filings, such as Quarterly, Semi-Annual, and Annual Reports, or subsequent disclosures.
📢 Disclaimer & Source Notice
Source: This content was newly structured and generated based on official filing data from the Financial Supervisory Service DART system.
Investment Risk Warning: This content is provided solely for informational and linguistic reference purposes. 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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