Fact Source: Financial Supervisory Service DART
💡 Executive Summary
Hanwha Ocean decided to make a KRW 502.0B (USD 341.0M) equity investment in its 100%-owned US subsidiary, Hanwha Ocean USA Holdings Corp., to provide investment resources.
📊 [Key Disclosure Details & Financial Summary]
1. Acquisition Overview & Target Company Information
- Target Company: Hanwha Ocean USA Holdings Corp. (Nationality: USA / CEO: Yeong-seong Jang / Primary Business: Maritime service)
- Relationship: Affiliate (Subsidiary) 100% owned by Hanwha Ocean
2. Acquisition Details & Investment Terms
- Shares & Acquisition Amount: 3,410 shares / KRW 502,000,000,000 (KRW 502.0B / 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% (Parent Consolidated Equity: KRW 4,863,349,890,725 based on FY2024 end)
- Ratio to Assets: 2.8% (Parent Consolidated Total Assets: KRW 17,843,809,161,295 based on FY2024 end)
- Acquisition Method & Purpose: Participation in rights offering (Cash acquisition) / Securing investment resources for subsidiary
- Scheduled Acquisition Date: 2026-12-31 (Final expected completion date; contribution to be made in installments according to project progress)
- Board Resolution Date: 2025-11-24 (5 outside directors attended)
3. Post-Acquisition Ownership
- Shares Held: 8,475 shares (Pre-acquisition 5,065 shares + New 3,410 shares)
- Ownership Stake: 100.0%
4. Financial Summary of Target Company (FY2024 End)
- Total Assets / Total Liabilities / Total Equity: KRW 473.4B / KRW 7.1B / KRW 466.3B
- Revenue / Net Loss: KRW 1.83B / -KRW 5.30B
- Audit Opinion: Unqualified (SCJ CPA)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Capital Deployment Progress and Resource Utilization by Subsidiary
This filing notifies the market that Hanwha Ocean approved a KRW 502.0B equity contribution to its 100%-owned US subsidiary, Hanwha Ocean USA Holdings Corp., through participation in a rights offering to secure investment resources.
Tracking whether installment payments proceed as scheduled through the target date (December 31, 2026) and verifying that the proceeds are deployed as intended for the subsidiary’s allocated investment activities is important for evaluating capital execution.
Details regarding the progress of equity contributions can be tracked through future official periodic filings, such as Quarterly, Semi-Annual, and Annual Reports, or subsequent disclosures.
📢 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.
Inquiries: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.
