Business · Companies · 2 hrs ago
Kim Dong-sun plans to buy 10.14 million more Hanwha M&S shares
Kim Dong-sun plans to buy more Hanwha M&S shares through an additional public offer.
He is the third son of Hanwha Group chairman Kim Seung-youn and leads future strategy at Hanwha M&S.
The additional offer covers 10.143 million shares.
Earlier, he had offered to buy 16.06 million shares at 8,000 won each.
Together, the two offers cover 26.203 million shares.
A 31% stake would make him the company’s largest shareholder.
The move is intended to strengthen his independent management of the company.
Kim Dong-sun plans to make an additional tender offer for 10.143 million shares of Hanwha Machinery & Service Holdings, known as Hanwha M&S.
The additional offer brings the total number of shares he plans to buy to 26.203 million.
That total represents a 31% stake and would make him the company’s largest shareholder.
He had previously planned to offer 8,000 won per share for 16.06 million shares.
The report said the move would strengthen his independent management.
- Who
- Kim Dong-sun, Hanwha M&S’s head of future strategy and the third son of Hanwha Group chairman Kim Seung-youn.
- What
- He plans an additional tender offer for 10.143 million Hanwha M&S shares, bringing his planned total purchase to 26.203 million shares.
- When
- The report was published on October 22, 2026. He had announced the earlier tender offer on the 12th.
- Where
- Hanwha M&S. The source does not state a more specific location.
- Why
- The report described the move as strengthening independent management.
This story does not have two clearly opposing sides.
Kim planned to offer 8,000 won per share for 16.06 million Hanwha M&S shares.
A report said he would make an additional tender offer for 10.143 million shares.
- Additional shares planned
- 10.143 million
- Earlier shares planned
- 16.06 million
- Total shares planned
- 26.203 million
- Planned stake
- 31%
- Earlier offer price
- 8,000 won per share