SEOUL (Reuters) – South Korea’s largest defence firm Hanwha Aerospace Co Ltd said on Thursday it plans a capital increase worth 3.6 trillion won ($2.5 billion).
Hanwha plans to use 1.2 trillion won to build and reinforce facilities, and 2.4 trillion won to buy stakes in other companies, it said in a regulatory filing.
A Hanwha spokesperson said the company plans to expand overseas investment.
($1 = 1,463.3200 won)
(Reporting by Joyce Lee; Editing by Ed Davies)
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