Hanwha Ocean "Additional Acquisition of US Subsidiary Shares for 153.2 Billion KRW"

Hanwha Ocean announced on the 18th that it will additionally acquire 1,063 shares of its U.S. affiliate for 153.2 billion KRW.

The scheduled date for the stock acquisition is December 31 of this year.

Hanwha Ocean stated, "The purpose of this stock acquisition is to participate in a paid-in capital increase to secure investment funds."