Hanwha Aerospace said on the 26th it purchased an additional 1,047,635 shares of Korea Aerospace Industries (KAI).
The number of shares held increased from 4,964,000 to 6,011,635, raising the equity stake from 5.09% to 6.17%.
Hanwha Aerospace bought KAI shares on the market from the 13th to the 22nd through a specific money trust contract signed with NH Investment & Securities.
Hanwha Aerospace used about 171.6 billion won of its own funds for the purchase.
With this purchase, among Hanwha affiliates, Hanwha Aerospace holds 4.58%, Hanwha Systems holds 0.58%, and Hanwha Aerospace USA holds 1.01% of KAI equity.
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