- 01
SNK Corporation officially delisted from the KOSDAQ on May 18, 2022, ending its public trading status that began in May 2019.
- 02
The Electronic Gaming Development Company (EGDC), a subsidiary of the Mohammed Bin Salman Bin Abdulaziz Al Saud Foundation, acquired a 96.18% ownership stake in SNK through a tender offer conducted between December 2021 and February 2022.
- 03
EGDC intends to purchase all remaining shares to transition SNK into a private, wholly-owned subsidiary.
- 04
The delisting was finalized following an April 2022 extraordinary general meeting of shareholders and formal approval from the Korea Exchange in early May 2022.
- 05
SNK will maintain its corporate headquarters in Suita, Osaka, as it shifts focus toward long-term growth under its new private ownership structure.
- 06
This acquisition reflects a broader industry trend of Middle Eastern capital investment aimed at diversifying global media, culture, and technology assets.