Hanwha Solutions Revives 1.8 Trillion Won Rights Issue After FSS Delays

Hanwha Solutions is again pursuing a rights issue worth about 1.8 trillion won after the plan was temporarily postponed following two interventions by the Financial Supervisory Service. The fundraising plan is tied to the company’s intent to invest in future growth technologies. Some observers had expected the company to reduce the size of the rights issue after the regulator’s requests for revisions. Instead, Hanwha Solutions is moving to restart the capital increase at the existing scale, continuing its investment plan. Market attention is now focused on how the company will supplement the procedure and proceed with fundraising after the FSS delay. Source: mk.co.kr