[Breaking] Hanwha Solutions Decides to Invest 68.2 Billion Won in Jamsil MICE, with Installment Payments Until Completion in 2032
Hanwha Solutions will invest 68.26 billion won in Jamsil MICE, an affiliated company that qualifies as a related party. Hanwha Solutions announced in a regulatory filing on the 16th that it will carry out the investment of this scale by participating in a rights offering. The investment object is 1
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Hanwha Solutions will invest 68.26 billion won in Jamsil MICE, an affiliated company that qualifies as a related party.
Hanwha Solutions announced in a regulatory filing on the 16th that it will carry out the investment of this scale by participating in a rights offering. The investment object is 13,652,000 common shares of Jamsil MICE, and the counterparty's total capital contribution amounts to 68.271 billion won.
Installment Payments from October 2026 Until Completion in 2032
The investment funds will be executed in installments from October 2026 until the completion point in 2032. The detailed quarterly investment plan is as follows:
- Q4 2026: 20.68 billion won
- Q1 2027: 5.786 billion won
- Q2 2027: 4.29 billion won
- Q3 2027: 7.381 billion won
- Q4 2027: 7.744 billion won
- Q1 2028: 9.394 billion won
- Q2 2028: 8.134 billion won
- Upon completion in 2032: 4.851 billion won
However, the timing and amounts of the investment are estimates based on the current plan, and the actual payment schedule and amounts may change in the future. The number of shares and the investment amount are also scheduled figures reflecting inflation up to the completion point, and will be finalized upon completion.
Approved at Board Meeting on October 13 with All Outside Directors and Audit Committee Members Present
The agenda item was approved at the board meeting on October 13, attended by all four outside directors and the audit committee members.
Although Jamsil MICE's inclusion as an affiliate under the Fair Trade Act has not yet been completed, it may qualify as a related party, so the board resolution and disclosure procedures were followed.
[※ This article is intended to convey market trends and is not intended to recommend investment in any specific stock.]
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