Hong Kong Shengda International Increases Stake in Softcen to 22.38% via Open Market Purchases

Hong Kong Shengda International Co., Ltd. increased its stake in Softcen from 22.15% to 22.38% by acquiring 49,440 common shares through open market purchases between July 16 and July 21, 2026.
The purchases were pre-announced on May 28, 2026, with average acquisition prices ranging from KRW 889 to KRW 914 per share.
Since the acquisitions were executed in the secondary market, there is no dilution risk for existing shareholders; the move strengthens the major shareholder's position, potentially enhancing corporate stability.
No changes in the company's capital structure or dividend policy are reported; this is a routine ownership disclosure.
[AI Summary]The controlling shareholder's modest stake increase signals confidence, but it is a normal market transaction with no immediate impact on stock price or fundamental value. Investors should monitor for any future large-scale capital changes or management involvement plans.