Kim Dong-Sun Launches Additional 4% Tender Offer for Hanwha M&S Common Stock Worth 27 Billion Won
5 Articles
5 Articles
Hanwha Machinery and Services Holdings (Hanwha M&S) disclosed an additional tender offer for 3.38 million shares of Hanwha M&S stock by Kim Dong-sun, President and Head of Future Strategy. This is a follow-up measure after failing to meet the target volume in the tender offer conducted since last month, but some point out that the initial purchase price may have been too low. On the 9th, Hanwha M&S
Shares of Hanwha Machinery & Services Holdings (Hanwha M&S) are rising more than 7% in early trading following news that Kim Dong-sun, President and Head of Future Strategy, is launching a second tender offer. As of 9:10 a.m. on the 9th, Hanwha M&S is trading at 7,650 won, up 650 won (9.29%) from the previous trading day. The rise in share price is attributed to news of President Kim's additional share purchase. President Kim
(Seoul = Yonhap News) Reporter Cho Min-jung = Kim Dong-sun, President and Head of Future Strategy at Hanwha Machinery & Services [0220WL] Holdings (Hanwha M&S), [0220WL] Hanwha M&S shares ...
[Digital Daily Reporter Yoo Chae-ri] Kim Dong-sun, President of Hanwha Machinery & Services Holdings (Hanwha M&S), is launching an additional tender offer for the company's shares by investing approximately 27 billion won of his personal funds. Hanwha M&S disclosed on the 9th that President Kim submitted a filing to the Financial Supervisory Service (FSS) stating that he intends to make a tender offer for approximately 3.38 million common share…
Hanwha Machinery & Services Holdings (Hanwha M&S) is showing strong gains in the 9% range following news of a second tender offer by Kim Dong-sun, President and Head of Future Strategy. According to the Korea Exchange on the 9th, as of 9:45 AM, Hanwha M&S is trading at 7,690 won, up 9.86% from the previous trading day (7,000 won). The stock price started at 7,630 won, up 9.00% from the previous close, and surged to 7,760 won during the session.…
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