Hanwha SolutionS, whose stock price plummeted due to a surprise rights offering, is facing controversy after it became clear that the company meticulously prepared in advance, including amending relevant bylaws at the shareholders' meeting. Investor backlash has been fierce over the company's execution of a massive rights offering just two days after the shareholders' meeting ended.
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The government is making efforts to prop up the stock market,
but the company casually does what it has been doing all along
and throws cold water on the market..