Hanwha raises KAI stake to 9%, becomes No. 2 shareholder

AI핵심 요약

• ·Hanwha Group headquarters in central Seoul.
• ·(Hanwha Group) Hanwha Group affiliates have raised the group's stake in Korea Aerospace Industries to 9.04 percent, becoming the second-largest shareholder after the state-run Export-Import Bank of Korea and further solidifying Hanwha’s ambitions in the aerospace and defense sectors.
• ·Hanwha Aerospace, the group’s key defense unit, said Tuesday it acquired 3.02 million shares of KAI for 499.9 billion won ($332 million), bringing its total holdings to 6.33 million shares, or a 6.5 percent stake.
• ·Another affiliate, Hanwha Systems, separately invested 125 billion won to raise its stake to 1.53 percent.
• ·When combined with a 1.01 percent stake held by Hanwha Aerospace USA, the group’s total ownership in KAI now stands at 9.04 percent.