Minority Shareholders of Hanwha Corp Preferred Shares Demand Better Protection

797 Views27 Jun 2025 15:42

Minority shareholders of Hanwha Corp preferred shares are demanding better protection (such as converting preferred shares into common shares) and criticizing the potential delisting of its shares.

What is covered in the Full Insight:

Introduction to Preferred Shares Issue
Current Market Positioning of Hanwha Shares
Minority Shareholders' Demands
Potential Scenarios and Outcomes
Conclusion and Implications

Boomeranged on Mon, 7 Jul 2025 14:42

A group of Hanwha Corp's minority shareholders announced today it submitted a petition to the Office of the President, requesting the company block its unfair delisting of Hanwha Corp preferred (000885 KS) (down 42% in one week). It is demanding the option to convert preferred stock into common stock be granted or that a tender offer be re-launched at a price reflecting the net asset value.