Hanwha Solutions Rights Offering Schedule Indefinitely Postponed
Subsidiary Hanwha Solutions corrects its rights offering decision filing; key dates (record date, subscription, payment) are all undetermined (schedule indefinite).
Rights offering size: 56 million common shares (estimated price 32,400 won), total approximately 1.81 trillion won (facility investment 907.7 billion won, debt repayment 906.7 billion won).
Method: rights offering with subsequent public offering for unsubscribed shares; allocation ratio 0.2604656144 shares per share.
Lead underwriters: KB Securities, NH Investment & Securities, Korea Investment & Securities, Daishin Securities.
Indefinite postponement increases investment uncertainty, negative for stock price.
KOSPI Filing Information
[Correction of Description] Decision on Paid-in Capital Increase (Major Management Matters of Subsidiary)