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Dongsun Kim, Vice President of Future Vision, Hanwha Galleria. (Photo=Hanhwa Galleria) |
[Alpha Biz= Reporter Kim Sangjin] Kim Dong-sun, the third son of Hanwha Group Chairman Kim Seung-youn and Executive Vice President overseeing Future Vision at Hanwha Galleria, has raised his stake in Hanwha Galleria to 16.85% after purchasing 28,164,783 shares worth approximately 45 billion KRW through a public tender offer.
Hanwha Galleria announced that from August 23 to September 11, Kim conducted a public tender offer to acquire up to 34 million shares at 1,600 KRW per share, resulting in an acquisition of 82.84% of the target shares.
Hanwha remains the largest shareholder with a 36.31% stake, followed by Kim as the second-largest shareholder, and Hanwha Solutions as the third with 1.39%.
The share price of Hanwha Galleria peaked at 1,500 KRW during the tender period but closed at 1,410 KRW on September 11, below the offer price of 1,600 KRW.
Alphabiz Reporter Kim SangJin(letyou@alphabiz.co.kr)
