SNT Holdings Announces Participation in Management of Machine Tool and Smart Factory Company 'Smac'

On November 24, SNT Holdings announced that it had acquired an additional 3,728,468 shares of Smac Co., Ltd. (equivalent to approximately 5.46% of the total issued shares) and changed its purpose of holding the shares from 'simple investment' to 'the purpose of influencing management control.'

According to SNT Holdings, the company had previously acquired 10,057,771 shares of Smac (including related parties, approximately 14.74% of the total issued shares) for simple investment purposes by July 14, 2025, making it the largest shareholder of Smac. With this latest acquisition, SNT Holdings now holds a total of 13,786,239 shares of Smac (including related parties, equivalent to 20.2% of the total issued shares).

A company representative explained, "This declaration of participation in Smac's management is intended to expand investment in convergent business areas such as machine tools, robotics, and smart factories, in order to secure the company's future competitiveness at a time when the technological paradigm of the machine tool and robotics industries is rapidly changing."

He emphasized, "This move is based on SNT Group's principles of ethical, transparent, and responsible management, with the aim of overcoming internal and external challenges and management conditions, and ultimately enhancing the rights and interests of all shareholders. We will continue to communicate with stakeholders such as shareholders, customers, and partners, and do our utmost to increase corporate value."

Smac had reported losses in both its semi-annual and third-quarter results after SNT Holdings made its investment for simple investment purposes. Amid intensifying global competition in the machine tool and robotics sectors, there is analysis that comprehensive innovation is urgently needed, including the establishment of technology development strategies, restructuring of business portfolios, and enhancement of management system rationality.

The securities industry expects that SNT Holdings' participation in Smac's management will lead to improved management transparency and operational rationalization. SNT Holdings plans to transparently disclose any changes, such as the establishment of detailed plans related to management participation, through public announcements in compliance with various laws and regulations.

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