SMAC "Acquires Dreamtech Automotive Shares Worth 24.9 Billion KRW... 100% Stake"
[Asia Economy Reporter Park Soyeon] SMAC, a KOSDAQ-listed company, announced on the 13th that it will acquire 10 million shares of Dreamtech Automotive, a manufacturer of lighting devices for transportation equipment, for 24.9 billion KRW.
After the acquisition, SMAC's stake in Dreamtech Automotive will reach 100%. The scheduled date for the stock acquisition is the 30th.
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SMAC stated that the purpose of this stock acquisition is to "enter a new business."
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