Samsung Securities, Samsung SDS and Samsung Card to invest in a Dunamu stake 4% for 6,128hundred million won

Samsung Securities, Samsung SDS and Samsung Card have resolved to acquire a 4% stake in Dunamu. The shares to be acquired are existing shares held by Kakao affiliates, and the total acquisition price is 6,128hundred million won. The companies said they would participate in the joint investment to expand cooperation in the digital asset business.

Samsung Securities disclosed that it had decided to acquire 697,487Dunamu shares for approximately 3,064hundred million won. The shares will be acquired through a purchase of existing shares, and the decision was finalized by a board resolution. Samsung Securities made the disclosure to carry out the related procedures.

The disclosure also said that Samsung SDS and Samsung Card would jointly acquire the remaining stake. The two companies’ specific ownership percentages and detailed acquisition terms were not disclosed. The participating companies will carry out the transaction as a joint investment.

Kakao disclosed that it had disposed of all its stake in Dunamu through this transaction. Existing investors reportedly included Hana Bank and Hanwha Investment & Securities. The sale also included the transfer of stakes held by existing shareholders.

Dunamu decided to change the composition of its board through an extraordinary general meeting of shareholders. The company cited its businesses in the United States and Southeast Asia as it explained the need for organizational changes. The specific date of the extraordinary meeting and the appointments will be disclosed later.

The transaction is being carried out as an acquisition of existing shares, with payment of the purchase price and the share transfer procedures still pending. The companies involved disclosed that the final shareholder structure will be determined after internal approvals and procedures are completed. Further disclosures will follow through each company's formal filings.