Fact Source: Financial Supervisory Service DART
💡 Executive Summary
Hanwha Ocean has completed its scheduled capital injection of KRW 502.0B (USD 341M) into its wholly-owned U.S. subsidiary (Hanwha Ocean USA Holdings Corp.) on March 4, 2026, updating the scheduled completion date.
📊 [Key Disclosure Details & Financial Summary]
1. Correction Disclosure Overview
- Target Disclosure: Decision on Acquisition of Stocks and Investment Certificates of Other Corporations (Initial Filing Date: 2025-11-24)
- Reason for Correction: Correction of scheduled acquisition date due to full payment completion
- Scheduled Acquisition Date Change: (Before) 2026-12-31 → (After) 2026-03-04
2. Target Company (Issuer) Details
- Company Name: Hanwha Ocean USA Holdings Corp.
- Nationality / CEO: U.S.A. / Yeong Seong Jang
- Relationship: Affiliate (100% owned subsidiary of Hanwha Ocean)
- Primary Business: Maritime service
3. Acquisition & Capital Injection Details
- Number of Shares Acquired: 3,410 shares
- Acquisition Amount: KRW 502,000,000,000 (USD 341,000,000)
- Applied FX Rate: USD/KRW = 1,472.00 (Base rate of Seoul Money Brokerage Services on board resolution date 2025-11-24, rounded at 100M KRW)
- Ratio to Equity: 10.3% (Equity: KRW 4,863,349,890,725 based on 2024 year-end consolidated financial statements)
- Total Shares & Ownership post-acquisition: 8,475 shares / 100%
- Acquisition Method & Purpose: Participation in rights offering (Cash acquisition) / Participation in rights offering to secure investment capital
- Board Resolution Date: 2025-11-24 (5 Independent Directors attended, 0 absent)
4. Target Company Financial Summary (2024 Year-End)
- Total Assets: KRW 473,388,886,334
- Total Liabilities: KRW 7,069,325,520
- Total Equity: KRW 466,319,560,814 (Capital Stock: KRW 4,413,115)
- Revenue: KRW 1,829,917,164
- Net Loss: KRW -5,299,189,956
- Audit Opinion: Unqualified (External Auditor: SCJ CPA)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Confirmation of Capital Injection Completion into Subsidiary
This disclosure reports that Hanwha Ocean’s planned KRW 502.0B capital injection into its U.S. subsidiary was fully completed on March 4, 2026, ahead of the previously scheduled date of December 31, 2026.
Verifying that the capital payment has been finalized as scheduled is important for determining whether the underlying funding required for the subsidiary’s operations and capital structure has been secured.
The financial status of the subsidiary and its reflection on the company’s financial results can be tracked in future official periodic filings, such as Quarterly, Semi-Annual, and Annual Reports.
📢 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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