Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Hanwha Aerospace: Rights Offering of 3.6 Trillion Won (Negative on Entire Korean Defense Sector)

Short Selling Resuming on 31 March in Korea - Stocks With Highest Short Selling Lending Balance

FSS Surprisingly Halts Hanwha Aerospace's Rights Offering Capital Raise Temporarily

Hanwha Systems: Announces A Big Rights Offering & The Launch of ARK's Space Exploration ETF

Douglas Research Advisory

Equity Capital Markets

Hanwha Systems Co Ltd / Equity Capital Markets

<ul>
<li>In the past week, Hanwha Systems announced that it plans to expand third party allocation capital increase limit from 20% to 30% of issued shares in its articles of incorporation.</li>
<li>This plan to significantly increase the amount of capital raise limit sets the stage for a major capital increase by Hanwha Systems in 2025, in our view. </li>
<li>Unlike in 2021 when we were bullish on Hanwha Systems post a large-scale capital raise, we are more cautious on the company's potential new large scale capital raise this year. </li>
</ul>


In the past week, Hanwha Systems announced that it plans to expand third party allocation capital increase limit from 20% to 30% of issued shares in its articles of incorporation.
This plan to significantly increase the amount of capital raise limit sets the stage for a major capital increase by Hanwha Systems in 2025, in our view. 
Unlike in 2021 when we were bullish on Hanwha Systems post a large-scale capital raise, we are more cautious on the company's potential new large scale capital raise this year. 


Hanwha Systems: Expand 3rd Party Allocation Capital Increase Limit from 20% to 30% of Issued Shares