Austal Says Hanwha Becomes Substantial Holder

MT Newswires Live

2025/03/18

Austal (ASX:ASB) received notice that Hanwha and its affiliated entities became substantial holders of the shipbuilder and defense prime contractor on Monday, according to a Tuesday filing with the Australian bourse.

The business group and its affiliates own 41.2 million shares in the company, representing a 9.9% total voting power, the filing said.

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