Kim Dong-Sun Increases Hanwha M&S Tender Offer by 10 Million Shares… Represents 31% of Common Shares
5 Articles
5 Articles
Kim Dong-sun, President and Head of Future Strategy at Hanwha Machinery and Services Holdings (Hanwha M&S), disclosed that he would purchase an additional 10 million shares, just ten days after announcing a tender offer for 16.06 million common shares of Hanwha M&S. Kim's older brothers, Kim Dong-kwan, Senior Vice Chairman of Hanwha Group, and Kim Dong-won, Vice Chairman of Hanwha Life, suddenly [regarding] the tender offer subscription
Hanwha President Kim Dong-sun is increasing his tender offer for Hanwha M&S shares by 10.14 million to secure a total of 26.2 million shares. By investing a total of 210 billion won, including shares held by his brothers, President Kim is set to become the largest shareholder of Hanwha M&S through this acquisition, thereby strengthening his independent management system centered on the retail and robotics businesses.
Kim Dong-Sun Increases Hanwha M&S Tender Offer by 10 Million Shares… Represents 31% of Common Shares
(Seoul = Yonhap News) Reporter Cho Min-jung = Kim Dong-sun, President and Head of Future Strategy at Hanwha Machinery & Services Holdings (Hanwha M&S), [regarding] the volume of the tender offer for Hanwha M&S common shares...
Kim Dong-sun, President of Future Strategy at Hanwha Machinery & Services Holdings (Hanwha M&S) and the third son of Hanwha Group Chairman Kim Seung-yon (pictured), shares in the company.
Tender offer using personal funds… Becomes largest shareholder upon securing a 24.81% stake
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