Hanwha Asset
Scope
Date
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Alternative investments
POBA CIO advises against traditional asset mix, definition
Rapid technological change that is blurring the lines between industries has altered the definition of asset classes, forcing investment managers to...
Jun 30, 2021 (Gmt+09:00)
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Aerospace & Defense
Hanwha to make satellite thrusters with Korea's aerospace institute
Hanwha Corp. will develop the bipropellant thruster, a key component for adjusting the satellite’s position in orbit, together with Korea Aero...
Jun 28, 2021 (Gmt+09:00)
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Chemical Industry
Hanwha to buy $900 mn Hanwha General shares from Samsung
Two Hanwha Group units have decided to buy the remaining stake in their affiliate Hanwha General Chemical Co. for 1 trillion won ($880 million) from...
Jun 23, 2021 (Gmt+09:00)
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Economy
BOK ratchets up warning over asset price bubble, private debt
The recent asset price rises in South Korea, in particular in the equities and real estate markets, have been too rapid, even considering an expecte...
Jun 23, 2021 (Gmt+09:00)
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Artificial intelligence
POBA eyes life science buildings, student housing in Europe via SMA
South Korea's Public Officials Benefit Association (POBA) is targeting life science buildings, last-mile distribution centers and student housing fa...
Jun 22, 2021 (Gmt+09:00)
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Artificial intelligence
Coupang fire may cut ROI of warehouse assets
Last week’s devastating fire at a Coupang distribution center, which reportedly burned down more than 16 million items for delivery, is expect...
Jun 22, 2021 (Gmt+09:00)
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Artificial intelligence
Samsung Asset in $12.4 bn oil pipeline stake purchase
South Korea's Samsung Asset Management Co. has participated in a $12.4 billion acquisition of a 49% stake in Aramco Oil Pipelines Co., a unit of Sau...
Jun 21, 2021 (Gmt+09:00)
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Artificial intelligence
POBA commits over $200 mn to Europe-focused real estate SMA
South Korea's Public Officials Benefit Association (POBA) has committed 270 billion won ($240 million) to a separately managed account (SMA) focusin...
Jun 15, 2021 (Gmt+09:00)
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Rights offerings
Hanwha Systems’ $1 bn rights offer oversubscribed; investors to book gains
South Korea’s Hanwha Systems Co. is set for a successful rights offering as the defense and air mobility unit of Hanwha Group has garnered str...
Jun 07, 2021 (Gmt+09:00)
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Artificial intelligence
Shinhan REITs poised to buy Amazon logistics center
South Korea's Shinhan REITs Management Co. is poised to invest $93 million to buy a pre-completed fulfillment center in New Mexico, under a long-ter...
Jun 04, 2021 (Gmt+09:00)
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Pension funds
NPS to take longer-term approach to asset allocation
The National Pension Service is planning to build an investment portfolio with a longer-term perspective for a period of at least 10 years, shifting...
May 26, 2021 (Gmt+09:00)
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Airlines
Hanwha Aerospace in $320 mn deal to supply aircraft engine parts to GE
Hanwha Aerospace Co., a unit of South Korean conglomerate Hanwha Group, has won a $320 million deal to supply aircraft engine parts to General Elect...
May 25, 2021 (Gmt+09:00)
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Capital raising
Hanwha Systems to launch $1.1 bn rights issue in June
Hanwha Systems Co., which leads the satellite communication and urban air mobility (UAM) businesses of South Korea's Hanwha Group, is set to launch ...
May 25, 2021 (Gmt+09:00)
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Aerospace & Defense
Hanwha, KAIST to co-launch space research center
Hanwha Group will launch space technology research and commercial projects together with South Korea’s top science and engineering university,...
May 17, 2021 (Gmt+09:00)
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Economy
Heavy household borrowing fans Korea’s asset market overheating
South Korea’s asset market is showing signs of overheating as households take out fresh loans at a record pace to invest in initial share sale...
May 13, 2021 (Gmt+09:00)
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ESG
Hanwha Group secures $4.4 bn from KDB to finance ESG business
South Korea’s Hanwha Group has clinched a 5 trillion won ($4.4 billion) commitment from the state-run Korea Development Bank over the next fiv...
May 12, 2021 (Gmt+09:00)
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Petrochemicals
Hanwha Total becomes S.Korea’s largest polypropylene maker
Hanwha Total Petrochemical Co., a 50:50 joint venture between Hanwha Group and the French oil giant Total SE, has become the company with the larges...
May 06, 2021 (Gmt+09:00)
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Urban air mobility
Korean Air joins race for flying car business to rival Hyundai, Hanwha
Korean Air Lines Co. is entering into the business of urban air mobility (UAM), which is emerging as one of the most futuristic modes of transportat...
May 06, 2021 (Gmt+09:00)
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Venture capital
LG Electronics, Mirae Asset to launch $90 mn fund to invest in startups
South Korea’s LG Electronics Inc. and Mirae Asset Group have agreed to launch a 100 billion won ($90 million) joint venture-capital fund to he...
Apr 30, 2021 (Gmt+09:00)
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Private equity
Mirae Asset to launch $900 mn US logistics fund
Mirae Asset Global Investments Co. is set to launch a 1 trillion won ($900 million) blind pool fund to invest in US logistics facilities, into which...
Apr 29, 2021 (Gmt+09:00)
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Aerospace & Defense
Hanwha Defense readies full-scale USV development
Hanwha Defense Co., a wholly owned defense solutions subsidiary of Hanwha Aerospace Co., got the go-ahead from South Korea’s defense procureme...
Apr 22, 2021 (Gmt+09:00)
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Chemical Industry
Hanwha challenges monopoly in S.Korea’s nitric acid sector
South Korea’s industrial nitric acid sector, currently led by Hu-Chems Co. with around a 90% market share, will see a change in the competitiv...
Apr 21, 2021 (Gmt+09:00)
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ESG bonds
Hanwha Solutions to raise 1 billion yuan in ESG bonds
South Korea’s leading renewable energy company Hanwha Solutions Corp. plans to raise 1 billion Chinese yuan ($153 million) this month in green...
Apr 15, 2021 (Gmt+09:00)
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Foreign currency bonds
Hanwha Solutions eyes $300 mn green dim sum bond issue
Hanwha Solutions Corp., a South Korean petrochemical and renewable energy company, plans to raise 2 billion yuan ($300 million) in a green bond issu...
Apr 12, 2021 (Gmt+09:00)
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Future mobility
Hanwha seeks to acquire Overair; invest in satellite, drone companies
Hanwha Systems Co., the defense and information technology service unit of Hanwha Group, is seeking to purchase the entire stake of US air taxi star...
Mar 29, 2021 (Gmt+09:00)
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Central bank
BOK posts record 2020 net income on higher foreign asset gains
The Bank of Korea paid the second-highest amount of tax revenue in the country last year, trailing only Samsung Electronics Co., after the South Kor...
Mar 12, 2021 (Gmt+09:00)
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Hanwha Group
Hanwha launches group-wide task force to bolster space business
Hanwha Group has created an internal task force headed by the group's heir apparent to strengthen its presence in the fast-growing global space sect...
Mar 08, 2021 (Gmt+09:00)
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Regulations
Offshore fund registration delays put asset managers in bind
South Korea's top financial regulator has been taking longer than the usual three months to review applications of offshore funds, dealing a heavy b...
Mar 04, 2021 (Gmt+09:00)
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Leadership & Management
Hanwha Group leader Kim Seung-youn returns to management
Hanwha Group leader Kim Seung-youn is returning to management seven years after he was banned from business activities following his conviction for ...
Feb 26, 2021 (Gmt+09:00)
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Pension funds
NPS begins process to venture into multi-asset investments
South Korea’s National Pension Service (NPS) has begun a process to initiate multi-asset investment as part of an effort to create higher retu...
Feb 26, 2021 (Gmt+09:00)
Latest News
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