Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Aerospace’s Singapore subsidiary (Hanwha Ocean SG Holdings) completed the tender offer acquiring a 95.15% stake in offshore structure maker Dyna-Mac Holdings and plans to proceed with compulsory acquisition for the remaining shares.
📊 [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 (Corrected Disclosure)
- Disclosure Date: 2024-11-21 (Original 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 Corrections (Before Correction → After Correction):
- Number of Shares Acquired: 1,260,729,835 shares → 1,188,655,282 shares
- Acquisition Amount: KRW 870.46B (KRW 870,460,451,085) → KRW 820.70B (KRW 820,697,174,710)
- Equity Ratio After Acquisition: 100.0% → 95.15%
- Scheduled Acquisition Date (Completion Date): 2024-12-02 → 2024-11-26
- Key Amendment: Updated from “planned tender offer for 100% stake” to “completed 95.15% stake acquisition via tender offer and planning compulsory acquisition for remaining shares.”
Other Details:
- Method of Acquisition: Tender Offer
- Purpose of Acquisition: Securing future growth drivers and creating strategic business synergies
- Board Resolution Date: 2024-09-11
- Target Company (Dyna-Mac) 2023 Financials (Exchange Rate: KRW 1,030.51/SGD): Revenue KRW 396.92B, Net Income KRW 29.57B, Total Assets KRW 355.67B
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Compulsory Acquisition Process and Final Ownership Stake
This corrected disclosure confirms that the tender offer conducted through the Singapore subsidiary has closed, successfully acquiring a 95.15% stake in Dyna-Mac Holdings. Verifying whether the compulsory acquisition process for the remaining shares proceeds as planned to finalize 100% ownership is essential for understanding the final settlement and corporate control structure 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.
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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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