Fact Source: Financial Supervisory Service DART
💡 Executive Summary
Hanwha Aerospace’s subsidiary, Hanwha Systems, has decided to dispose of 13,923,011 shares of Hanwha Ocean for approximately KRW 1.70 trillion to secure liquidity and strategic investment funds.
📊 [Key Disclosure Details & Financial Metrics]
- Disclosure Title: Decision on Disposition of Other Corporation’s Stocks and Investment Securities
- Subsidiary Name: Hanwha Systems Co., Ltd.
- Subsidiary Total Assets: KRW 5.72T (5,724,010,115,718)
- Ratio to Parent’s Consolidated Assets: 13.21%
- Target Company: Hanwha Ocean Co., Ltd.
- Core Business: Shipbuilding and construction of floating structures
- Total Outstanding Shares: 306,413,394 shares
- Disposition Details:
- Number of Shares Disposed: 13,923,011 shares
- Total Disposition Amount: KRW 1,699,999,643,100 (Approx. KRW 1.70T)
- Post-Disposition Shares & Stake: 21,527,899 shares (7.03%)
- Ratio of Disposition Amount to Subsidiary Assets: 29.70%
- Planned Price Return Swap (PRS) Agreement:
- Underlying Asset: 13,923,011 common shares of Hanwha Ocean
- Reference Price: KRW 122,100 (Based on March 5, 2026 closing price)
- Settlement Method: Settlement of difference between disposition reference price and settlement price upon buyer’s share sale
- Contract Period: 1 Year
- Purpose of Disposition: Securing liquidity and strategic investment funds
- Scheduled Disposition Date: April 6, 2026
- Board Resolution Date: March 6, 2026 (3 outside directors attended)
- Financial Summary of Target Company (Hanwha Ocean, 2024 Consolidated):
- Total Assets: KRW 17.84T (17,843,809 million)
- Total Liabilities: KRW 12.98T (12,980,459 million)
- Total Equity: KRW 4.86T (4,863,350 million)
- Revenue: KRW 10.78T (10,776,005 million)
- Net Profit: KRW 528.21B (528,213 million)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring finalized stock disposition and PRS contract conditions
This disclosure outlines the planned disposition of Hanwha Ocean shares by subsidiary Hanwha Systems to secure liquidity. As the number of shares and final disposition amount are subject to adjustment based on the share price on the business day preceding the scheduled disposition, checking subsequent corrective disclosures regarding finalized deal terms and the execution of the PRS agreement is essential. Final transaction details can be verified in subsequent official DART filings and future periodic reports (quarterly, half-yearly, or annual reports).
📢 Disclaimer & Source Notice
Source: This content was structured and newly synthesized based on official data submitted to the Financial Supervisory Service (DART).
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 liabilities rest entirely with the individual investor.
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