Hanwha Systems Sells Entire Hanwha Ocean Stake for KRW 1.38 Trillion

Bitget2026/10/16 08:44

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Hanwha Systems will sell 22,169,660 Hanwha Ocean shares for KRW 1.38 trillion, reducing its stake to zero.
The October 19, 2026, block trade involves Kiwoom Securities and six other buyers; cash settlement is scheduled for October 21.
Proceeds will provide liquidity and funding for strategic investments.
A one-year price return swap covers the transferred shares at a reference price of KRW 62,400 per share.
The swap settles the difference between sale proceeds and the settlement reference amount when buyers sell the shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hanwha Systems Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261016000478), on October 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hanwha Systems Sells Entire Hanwha Ocean Stake for KRW 1.38 Trillion

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