General Announcement::SGX welcomes listing of Hanwha Chemical GDR

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
09-May-2014 09:56:25
Status
New
Announcement Sub Title
SGX welcomes listing of Hanwha Chemical GDR
Announcement Reference
SG140509OTHRF2NJ
Submitted By (Co./ Ind. Name)
Carolyn Lim
Designation
Vice President, Marketing & Comms
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today welcomed the listing of Hanwha Chemical Corporation (Hanwha Chemical) Global Depository Receipts (GDR) on Mainboard.

Hanwha Chemical is listed on the Korea Stock Exchange with a market capitalisation of S$3.2 billion. A member of the Hanwha Group, one of South Korea s largest conglomerates, Hanwha Chemical is involved in the production of industrial materials, chemicals and materials for solar energy production. Hanwha Group has businesses ranging from construction, to automotive and electronic materials and products industries, as well as the consumer retail business.

We are delighted that Hanwha Chemical is listing its GDR on SGX. This is our third listing of a GDR from South Korea in the last 12 months. We look forward to supporting more GDR listings from South Korean companies tapping the international market, said Lawrence Wong, Head of Listings at SGX.

We are pleased to announce that Hanwha Chemical is listed on the Mainboard of the Singapore Exchange. This listing marks one of the most important steps Hanwha Chemical has taken in its history, enabling the company to attain a broader shareholder base worldwide. Hanwha Chemical, which has been a domestic market leader in Korea, will build on this strengthened shareholder base to become a truly global company. said Han Hong Bang, CEO of Hanwha Chemical Corporation.

Hanwha Chemical raised approximately U$340mil through its GDR offering.

Attachments

20140509_News_Release_SGX_welcomes_Hanwha_Chemical_GDR.pdf
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