Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Aerospace’s Singapore subsidiary (Hanwha Ocean SG Holdings) decided to acquire a 100% equity stake in Dyna-Mac Holdings, a Singapore-listed offshore structure fabricator, via a tender offer for approximately KRW 779.7B.
📊 [Key Disclosure Details & Summary of Figures]
- Company Name: Hanwha Aerospace Co., Ltd.
- Ticker Symbol: 012450
- Disclosure Type: Decision on Acquisition of Shares and Investment Securities of Other Corporation
- Disclosure Date: 2024-09-11
- Target Subsidiary: Hanwha Ocean SG Holdings Pte. Ltd. (Singapore / Investment Business)
- Target Company: Dyna-Mac Holdings Ltd. (Singapore / Offshore Structure Manufacturing)
Key Acquisition Terms & Figures:
- Number of Shares to Acquire: 1,260,967,835 shares (Includes subscription rights, etc.)
- Acquisition Amount: KRW 779.66B (KRW 779,663,978,187 / Applied exchange rate: KRW 1,030.51/SGD)
- Total Shares Held & Equity Ratio After Acquisition: 1,260,967,835 shares (Planned 100.0% equity stake)
- Method of Acquisition: Tender Offer
- Purpose of Acquisition: Securing future growth drivers and creating strategic business synergies
- Scheduled Acquisition Date: 2024-12-02 (Scheduled closing date for tender offer)
- Board Resolution Date: 2024-09-11
Target Company (Dyna-Mac) 2023 Financial Highlights (Exchange Rate: KRW 1,030.51/SGD):
- Revenue: KRW 396.92B
- Net Income: KRW 29.57B
- Total Assets: KRW 355.67B / Total Equity: KRW 72.43B
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Tender Offer Execution and Singapore Regulatory Approval
This disclosure outlines a cross-border transaction in which the company’s Singapore subsidiary intends to acquire a 100% equity stake in Dyna-Mac Holdings via a tender offer. Verifying whether the transaction receives antitrust approval in Singapore and achieves the target subscription rate by the scheduled closing date (December 2, 2024) is essential for assessing the final execution and corporate control of the acquisition. Further updates can be verified in the “Matters Concerning Subsidiaries” and “Status of Investment in Other Corporations” sections of upcoming Periodic Reports (Quarterly, Half-Yearly, or Annual Business Reports) or subsequent disclosures.
📢 Disclaimer and Source Notice
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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