Softcen's Largest Shareholder to Purchase Shares Worth 1 Billion Won on the Open Market

The largest shareholder of Softcen is set to make on-market purchases worth approximately 1 billion won.

On March 20, Softcen announced through an official disclosure that its largest shareholder, Seongda, plans to acquire shares worth around 1 billion won on the open market.

According to the disclosure, the purchase period will run from April 22 to May 21, during which the shares will be acquired sequentially in the market.

The company explained that this decision is based on confidence in its medium- to long-term growth potential.

Although Softcen’s performance was somewhat sluggish last year due to changes in the global business environment, the company has been focusing on strengthening its existing business competitiveness and expanding external partnerships to secure new growth engines. In particular, it is pursuing business expansion into the AI bio and healthcare fields, building upon its existing IT business.

A company official stated, "This share purchase reflects expectations for future performance improvement through the advancement of our business structure," adding, "We will continue to enhance our competitiveness and strive to increase corporate value going forward."

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