Dimua, a company specializing in software distribution and sales, is set to fully sever ties with the former Ssangbangwool Group and accelerate efforts to strengthen its competitiveness, including organizational restructuring, backed by its increased cash assets. With this renewed confidence, Dimua is expected to gain momentum in expanding its business scope beyond its existing operations to include private equity fund management and investment advisory services.
On September 22, Dimua announced that it had secured a foundation for financial stability and business synergy through external investment, including the completion of a 12.7 billion won convertible bond (CB) subscription on September 19 and the upcoming paid-in capital increase.
A Dimua representative stated, "The completion of this CB subscription and the upcoming paid-in capital increase are steps to sever ties with the former Ssangbangwool Group and establish an independent governance structure," adding, "We expect to secure investment returns and lay the groundwork for continued growth."
Dimua has already moved away from group-related risks and is transitioning to a transparent, investor-focused management system. The company plans to pursue amendments to its articles of incorporation and appoint new directors at an extraordinary general meeting scheduled for October 1.
Dimua supports corporate digital transformation by providing customized cloud-based services. The company collaborates with global partners such as Microsoft, Adobe, and AhnLab, building differentiated competitiveness in artificial intelligence (AI), cloud, and security solutions.
Last year, Dimua was recognized for its outstanding collaboration capabilities by winning the "Asia-Pacific (APAC) Partner of the Year" award at Zoom's Partner Connect and also obtained certification as an "AI and Machine Learning Specialist" from Microsoft. Through these efforts to expand new business areas and strengthen global partnerships, Dimua maintains a leading level of competitiveness in the industry.
In addition, Dimua is focusing on diversifying its business from traditional software distribution to supplying high-value-added AI and cloud solutions, and plans to seek new business opportunities by integrating with the security and authentication sectors.
A Dimua official stated, "Even though we have already achieved a leading level of competitiveness in the industry, we will not be complacent. We will continue to lay the foundation for maximizing shareholder value by strengthening global competitiveness and expanding into new business areas," adding, "Going forward, we will evolve beyond simple software distribution into a comprehensive solutions company."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
