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[Market Now] Hanwha Asset increases stake in Wonik Materials

By Park Hyung-ki

Published : March 23, 2016 - 14:59

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Wonik Materials, a KOSDAQ-listed gas materials company, said in its disclosure report Wednesday that Hanwha Asset Management has purchased 64,487 shares of Wonik Materials.

The share purchase has increased Hanwha Asset’s stake in Wonik from 7.48 percent to 8.52 percent, the company said.

Wonik IPS, a semiconductor equipment maker, has a 46.5 percent stake in Wonik Materials, which supplies gas materials to Samsung Electronics and SK Hynix for the manufacturing of chips and flat-panel displays. Hanwha Asset is a wholly owned subsidiary of Hanwha Life, a listed insurance company, according to its audit filing.

By Park Hyong-ki (hkp@heraldcorp.com)

[Market Now] Hanwha Asset increases stake in Wonik Materials

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