Major shareholder Hong Kong Shengda plans open market purchase of 485,800 shares (approx. 600M KRW), raising stake to 22.98%, reinforcing governance stability
Major shareholder Hong Kong Shengda International Development Limited reported a plan to purchase 485,800 common shares (approx. 600M KRW) of SOFTCEN via open market from June 29 to July 28, 2026.
The purchase price is set at the closing price of the previous trading day (1,235 KRW), reflecting market price.
Upon completion, Hong Kong Shengda's stake will increase from 20.66% to 22.98%, a 2.32%p rise.
Purpose is to strengthen responsible management and enhance governance stability through stake expansion.
In the prior six months, the shareholder already purchased 1,106,853 shares (post-stock split) via open market; this plan represents additional buying.
Figures reflect a stock split (200 KRW to 1,000 KRW par value), with acquisition prices stated pre-split.
[AI Comprehensive Analysis]The voluntary stake increase plan by the largest shareholder is a positive signal for management stability and shareholder value, potentially boosting corporate valuation expectations. However, short-term price surge potential is limited, and future performance-linked plans are key.
KOSDAQ Filing Information
Filing: Report On Transaction Plan Of Specific Securities By Executives And Major Shareholders
Company: SOFTCEN (032680)
Submission: Hong Kong Shengda International Co., Ltd.