Hansae Yes24 Holdings proceeds with a tender offer for an 8% stake in Hansae

Reporter Kim Jisun / approved : 2023-04-12 07:06:12
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This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
출처=한세실업 홈페이지

 

[Alpha Biz=(Chicago) Reporter Paul Lee] Hansae Yes24 Holdings, the largest shareholder of Hansae, announced on the 11th that it would conduct a tender offer to secure an 8.04% stake in Hansae to stabilize management rights.

The purchase price is 18,650 won per share, and the target amount is 3,217,150 shares, or 8.04% of the stake. The tendering period is from this day to the 2nd of next month.

As of the previous day, special officials such as Hanse Yes 24 Holdings and Chairman Kim Dong-nyeong hold a 56.64% stake in Hanse Industrial. If you buy all of your target supplies through open purchase, your stake will increase to 64.68%.

If the number of shares applied for a tender offer falls short of the target amount, the entire amount will be purchased, and if it exceeds the target amount, it will be purchased in a proportional manner. The tender offer will be paid in cash.

Shares of Hansae Industrial Co. rose 8.08 percent to 17,520 won on the stock market after the news of the tender purchase was reported. During the market, it rose to 18,000 won, which is close to the open purchase price.

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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