Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Aerospace decided to participate in a rights offering to acquire 1,064,302 shares of its affiliate, Hanwha Precision Machinery Co., Ltd., for approximately KRW 170.00B to expand its semiconductor process equipment business.
📊 Key Disclosure Contents & Financial Figures
- Disclosure Title: Decision on Acquisition of Shares and Investment Certificates of Other Corporations
- Target Company (Issuer):
- Company Name: Hanwha Precision Machinery Co., Ltd. (Republic of Korea, Affiliate)
- Representative: Sung-Soo Lee
- Capital Stock: KRW 5,103,045,000 (As of March 26, 2024)
- Total Outstanding Shares: 1,020,609 shares (As of March 26, 2024)
- Main Business: Manufacturing, sales, direct sales, rental, and services of electrical, electronic, optical equipment and parts
- Acquisition Details:
- Number of Shares Acquired: 1,064,302 shares
- Acquisition Amount: KRW 169,999,894,158 (approx. KRW 170.00B)
- Ratio to Equity: 3.63% (Based on consolidated equity of KRW 4,684,225,317,909 as of end of 2023)
- Ratio to Total Assets: 0.87% (Based on consolidated total assets of KRW 19,542,899,925,708 as of end of 2023)
- Large Corporation Status: Yes
- Equity Stake After Acquisition:
- Total Shares Owned: 2,084,911 shares
- Ownership Percentage: 100%
- Purpose and Method of Acquisition:
- Purpose: Rights offering to expand the semiconductor process equipment business of Hanwha Precision Machinery
- Method: Participation in shareholder-allocated rights offering
- Key Timeline and Board Decision:
- Expected Date of Acquisition: 2024-03-27 (Target payment date)
- Board Decision Date: 2024-03-26 (4 outside directors attended, 0 absent)
- Fair Trade Commission Filing Required: Yes
- Financial Summary of Target Company (As of End of 2023):
- Total Assets: KRW 423,493,559,109
- Total Liabilities: KRW 377,560,830,412
- Total Equity: KRW 45,932,728,697 (Capital Stock: KRW 3,000,000,000)
- Revenue: KRW 390,370,523,337
- Net Profit: KRW -30,246,108,621 (Audit Opinion: Unmodified, External Auditor: Samil PricewaterhouseCoopers)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Capital Payment and Acquisition Completion
The company is scheduled to pay the subscription amount on March 27, 2024, to participate in the rights offering of Hanwha Precision Machinery. Verifying that the capital payment and share acquisition are completed as scheduled is important to track the execution progress of this acquisition. Detailed updates can be verified in subsequent official filings, correction disclosures, and periodic reports.
📢 Disclaimer & Source Notice
Source: This content was newly generated and structured based on official data submitted to the Financial Supervisory Service DART.
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