An unknown buyer canceled the acquisition of a 19.5% stake in DMD Technology Sdn. Bhd. from Setopia Co.,Ltd.
June 29, 2023
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An unknown buyer agreed to acquire a 19.5% stake in DMD Technology Sdn. Bhd. from Setopia Co.,Ltd. (KOSDAQ:A222810) for KRW 3 billion on November 5, 2020.
An unknown buyer canceled the acquisition of a 19.5% stake in DMD Technology Sdn. Bhd. from Setopia Co.,Ltd. (KOSDAQ:A222810) on June 30, 2023.
Setopia Co Ltd, formerly Midas AI Co Ltd, is a Korea-based company mainly engaged in the development and supply of information security solutions. The Company operates its business through two segments. The Security Business segment is mainly engaged in the development and sale of data loss prevention (DLP) solutions, security universal serial buses (USBs) management solutions, privacy solutions and others. The Service Business segment is engaged in the provision of system integration (SI) and system management (SM) related services. In addition, the Company is engaged in the export business include coronavirus disease (COVID)-19 diagnostics, diagnostic kits, personal blood glucose meters, blood glucose meters used in measuring devices and others.
SETOPIA CO.,LTD. 
