Hanwha M&S executive Kim Dong-seon launches follow-up tender offer for 3.38 million shares

Hanwha M&S future strategy chief Kim Dong-seon disclosed a tender offer for 3.38 million common shares running from November 9 through November 30 at 8,000 won per share, worth approximately 27 billion won. The follow-up offer comes after his first tender offer fell short of its target. That earlier purchase raised his personal stake to 32.99%, making him the largest shareholder.