[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.



SMAC stated that the purpose of this stock acquisition is to "enter a new business."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing