Hanwha Aerospace Rises 9% on Expectations for Defense Sector Integration 추진 View original image


[Asia Economy Reporter Lee Jung-yoon] Hanwha Aerospace is showing a strong gain of over 9% during trading amid expectations for the integration of Hanwha Group's defense affiliates.


As of 2 PM on the 22nd, Hanwha Aerospace is trading at 49,900 KRW, up 9.31% (4,250 KRW).



Recently, reports have emerged that Hanwha Group is considering a plan to merge Hanwha Aerospace, Hanwha Defense, and Hanwha's defense division. In response, Hanwha announced yesterday through a public disclosure that "various options, including the spin-off of the defense division and mergers with affiliates to enhance corporate value, are under review, but no decisions have been finalized yet."


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