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Hanwha Aerospace Shares Drop 15% Following Rights Issue Announcement
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News Editor / 7 months
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- 1 min read
Shares of Hanwha Aerospace, a leading South Korean defense and aerospace company, plummeted nearly 15% on Thursday after the company announced a rights issue to raise capital. The move, aimed at funding expansion and debt reduction, has sparked concerns among investors about potential dilution of existing shares. The rights issue, which allows current shareholders to […]