Korea's Hanwha aims to buy up to 9.9% of Australian shipbuilder Austal in an after-market offer following its failed A$1.02 ...

Shares of Australian shipbuilder Austal Ltd. climbed after a unit of Hanwha Aerospace Co. became a substantial shareholder in the company, as the Korean defense firm aims to bolster its reach.

South Korean conglomerate Hanwha Group has acquired a 9.9% shareholding in Australian ship builder Austal, increasing its ...

It is capitalised at $1.6 billion on the ASX and shares have more than doubled in the past year, including a 45 per cent gain ...

SYDNEY--South Korea's Hanwha Group has taken a 9.9% stake in Australia's Austal.

Ship builder Austal has entered a trading halt on the ASX, pending an announcement in relation to an equity raise.

Austal USA, Mobile, Ala., was recognized by Business Alabama magazine as the 2024 Large Company of the Year recently at its ...

Austal is betting that its unique story – building ships for Donald Trump – can support a capital raising in the worst market ...

Austal has tapped Euroz Hartleys to raise up to $220m by way of a placement and a share purchase plan. It comes as shares in ...

and the International Code of Safety of Ships Using Gases or Other Low Flashpoint Fuels. This ASX announcement has been approved and authorised for release by Paddy Gregg, Austal Limited’s Chief ...

SUMMARY:• H1 growth in earnings strongly supports full year EBIT guidance- Revenue of $825.7 million (FY2024 H1: $717.7 ...

Australia’s global shipbuilder Austal has billionaires Andrew and Nicola Forrest on board as it raises $220m in new equity to ...