Economy · 2 sources combined
Kim Dong-seon's public takeover bid
Buying 10 million more shares
Deadline Deadline November 2 · Hanwha M&S public takeover bid application deadline
In short
President Kim Dong-seon has decided to purchase more shares of Hanwha M&S.
His older brothers, Vice Chairs Kim Dong-gwan and Kim Dong-won, also agreed to contribute part of their stakes.
With this expansion, President Kim Dong-seon is expected to become the company's largest shareholder.
Key facts
| When | Hanwha M&S submitted an amended report on October 22, 2026. |
|---|---|
| Who | Kim Dong-seon, president of Hanwha M&S and third son of Hanwha Group Chair Kim Seung-yeon. |
| What | Increased the target shares for the public takeover bid from 16.06 million to 26.203 million shares. |
| How | Purchase price of 8,000 won per share and deadline of November 2 remain unchanged. |
What it means for me
If you are a minority shareholder of Hanwha M&S, you should consider whether to participate in the public takeover bid.
