Hong Kong Shengda Increases Stake in SOFTCEN from 20.66% to 21.85% via Open Market Purchases, Strengthening Majority Control

The filer Hong Kong Shengda International Co., Ltd. acquired an additional 247,944 shares of SOFTCEN through open market purchases on June 30 and July 1, 2026, raising its ownership from 20.66% to 21.85%.
The purchases were funded entirely with self-funds totaling 238.8 million KRW at average prices of 885 KRW and 990 KRW per share, reflecting market-rate transactions.
The filer stated the purpose is to maintain influence as the largest shareholder with no additional contracts or derivative holdings reported.
[AI Summary]This insider buying by the top shareholder increases concentration without affecting the company's capital structure, sending a mildly positive signal about management's confidence, but the overall financial impact is neutral as no new capital is raised or returned to shareholders.