Tag: hanwha
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Hanwha Ocean sold around $2 billion in dollar-won forward market, source says
SEOUL, July 10 : South Korean shipbuilder Hanwha Ocean sold around $2 billion in the dollar-won forward market on Friday, a source familiar with the matter told Reuters. Hanwha Ocean was not immediately available to provide official comment. The source declined to be identified due to the sensitivity of the m
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South Korea’s Hanwha to raise KAI stake above 12% by end-2026, cites global space race
SEOUL, June 16 : South Korean defence-to-aerospace group Hanwha said on Tuesday it plans to raise its combined stake in Korea Aerospace Industries (KAI) to more than 12 per cent by the end of 2026, citing the need for closer ties as global competition in the space industry intensifies. Hanwha said the rise of
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Hanwha to raise stake in Korea Aerospace Industries to 12% by end-2026
(Corrects headline to Hanwha, not Hanwha Aerospace)SEOUL, June 16 : South Korean defence firm Hanwha Aerospace said on Tuesday it will buy 500 billion won ($331.41 million) worth of shares in Korea Aerospace Industries (KAI). This was in addition to Hanwha Aerospace deciding to acquire 499.9 billion w
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