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News 2026-10-16 08:48 UTC

Hanwha Systems Sells Entire Hanwha Ocean Stake for KRW 1.38 Trillion

Hanwha Systems will sell 22,169,660 Hanwha Ocean shares for KRW 1.38 trillion, reducing its stake to zero. The October 19, 2026, block trade involves Kiwoom Securities and six other buyers; cash settlement is scheduled for October 21. Proceeds will provide liquidity and funding for strategic investments. A one-year pri