Hanwha Ocean to Secure 2 tln won via Equity Offering


SEOUL, Aug. 23 (Yonhap) — Hanwha Ocean Co. declared on Wednesday that it is going to issue stock to acquire 2 trillion won(US$1.5 billion). The money gained from the stock sale will mainly be used to finance its projects.

As stated in a regulatory filing, the company will release around 89.48 million common shares at a price of 22,350 won per share. The stock will be sold to the company’s shareholders.

You might also like
Open chat
Need help?
Scan the code
Hello 👋
Can we help you?

Mark Silaev
Glosema Account Manager