At KRW 35,550 per share the holding would net the seller a total of $323m, according to newswires and local media.
The offer represents a 4% mark down on the KRW 37,000 shares in the shipbuilder were worth at the closing bell in Seoul today.
However shares have been on an upward trend since hitting a low of KRW 23,600 apiece in mid April.
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