Hanwha Group has increased its stake in Korea Aerospace Industries (KAI) to over 15%.
According to the Financial Supervisory Service's electronic disclosure system on August 10, Hanwha Systems recently acquired 3.45% of KAI shares in the market over the past month.
As a result, Hanwha Group's ownership in KAI rose from 12.44% to 15.89%.
The breakdown of ownership among its affiliates includes Hanwha Aerospace at 9.90%, Hanwha Systems at 4.98%, and Hanwha Aerospace USA at 1.01%.
With the stake exceeding 15%, Hanwha Group plans to apply for a merger review with the Fair Trade Commission.
Currently, the largest shareholder of KAI is the Korea Export-Import Bank, which holds 26.41% of the shares, while Hanwha Group remains the second-largest shareholder.
* This article has been translated by AI.
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