The Financial Supervisory Service has put the brakes on the capital increase for the second time, while on the 18th, Hanwha Aerospace recorded its highest price in a year. From the company's perspective, funding has faced setbacks, but investor buying power is surging.

An Byeong-cheol, the CEO of Hanwha Aerospace, presents his stance on mid- to long-term investment plans and recent capital increase during the Hanwha Aerospace Future Vision Briefing held at the Hanwha Group headquarters in Janggyo-dong, Jung-gu, Seoul, on the morning of Nov. 8. /Courtesy of News1

On this day, according to the Korea Exchange, as of 9:21 a.m., Hanwha Aerospace is trading at 839,000 won, up 22,000 won (2.82%) from the previous trading day. Hanwha Aerospace hit a new high for the year, rising to 841,000 won early in trading.

The previous day, the FSS demanded Hanwha Aerospace submit a revised report on a capital increase worth 2.3 trillion won. It was reported that the acquisition of 1.3 trillion won in equity from Hanwha Ocean, which had been a core issue in the first corrective demand, has once again hindered progress.

The effective date of the securities registration statement, initially scheduled for the 23rd, has been postponed, and changes to the capital increase schedule have become inevitable. Earlier, Hanwha Aerospace had announced a plan for a capital increase of 3.6 trillion won but reduced the scale to 2.3 trillion won after receiving a request for a corrected report from the FSS.

※ This article has been translated by AI. Share your feedback here.