S. Korea watchdog blocks Hanwha Aerospace $2.5 billion capital raising plan

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SEOUL :South Korea's financial market watchdog on Thursday ordered Hanwha Aerospace to submit a revised filing after the defence company announced a capital increasing plan worth 3.6 trillion won ($2.46 billion).

That filing "lacked information needed for investors to make rational investment decisions," the Financial Supervisory Service said in a text message to reporters, without elaborating.

Korea watchdog blocks Hanwha Aerospace $2.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSouth Korea

Topics: Blocks Seoul Financial Hanwha Aerospace Watchdog Plan Announced Filing 2023 Korea

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 19:18:38 (5 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 263 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 27368318

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