SNT Motive, a company listed on the KOSPI index, announced the additional acquisition of 5,938,500 shares of SMAC Corporation, a company engaged in machinery businesses, for approximately ₩24.8 billion. This purchase will increase SNT Motive’s stake in SMAC to 29.2%. The details of the transaction were released via a statement from SNT Motive [064960] in Seoul. This move suggests a strengthening of the partnership between the two South Korea-based companies. Further information regarding the strategic implications of this acquisition will likely be disclosed in future reports. The transaction is expected to be completed shortly, pending any regulatory approvals. This investment signifies SNT Motive’s confidence in SMAC’s future growth potential.