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S-1 Corporation

Full company profile

uuid003ew67

Namestring
S-1 Corporation
Legal namestring
S1 Co., Ltd
Company typeenum
Public
Founded yearint
1977
Descriptiontext

S-1 Corporation provides customized system security services to businesses. They offer services that include physical security solutions, endpoint security, DB encryption, alarm monitoring services, and more.

Short descriptiontext

S-1 Corporation is a security solution company that provides network security, cloud security, and alarm monitoring services.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersJung, China
HQ citystring
Jung
HQ countrystring
China
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
physical security services, CCTV surveillance systems, access control solutions, facility management services, information security services
Industry5 codes
1Physical Security IoT & Smart Building Security Integration (Sensors, BMS tie-ins)
CodeBPAKAGALPrimaryYes
2Security Systems Monitoring & Dispatch (SOC/Remote Guarding)
CodeIMAIAEAFPrimaryNo
3Professional Monitoring (Burglar/Intrusion)
CodeHSAHAAAAPrimaryNo
4CCTV/Video Surveillance Monitoring & Management (Operations)
CodeBPABAMAHPrimaryNo
5Security, Safety & Fire/Life Safety Management
CodeBPABAAAEPrimaryNo
NAICS code3 codes
  • Security Systems Services (except Locksmiths)561621
  • Investigation, Guard, and Armored Car Services56161
  • Security Systems Services56162
SIC code1 code
  • Services-Detective, Guard & Armored Car Services7381
Product category
Physical Security Services & Facility Management
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model6 records
1Security Services (세콤)
TypeSubscription Recurring
Description

Recurring security monitoring and surveillance services for commercial, residential, and enterprise facilities. Includes manned guard services and AI-powered CCTV monitoring.

s1.co.kr
2Security Solutions and Equipment
TypeOne Time License
Description

Sale and installation of security equipment including CCTV, access control systems, facial recognition readers, safety goods (AED, safety boxes), and home security products.

s1.co.kr
3Information Security Services
TypeSubscription Recurring
Description

Cybersecurity services including security monitoring, endpoint security platform (SESP), server security, DB encryption, and collaboration services.

s1.co.kr
4Real Estate Management Services
TypeManaged Services
Description

Property management (PM), facility management (FM), and smart building management services for commercial and residential properties.

s1.co.kr
5Vehicle Fleet Management
TypeSubscription Recurring
Description

Vehicle operation management services for buses, freight, rental cars, and corporate vehicles including specialized transport for dangerous goods.

s1.co.kr
6Mobile Safety Services
TypeSubscription Recurring
Description

Mobile-based safety services including mobile SIM and safety monitoring solutions.

s1.co.kr
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details3 tiers
1Enterprise Security Solutions
ModelSubscriptionBilling cadenceMonthly
Notes

Custom quote-based pricing for comprehensive security packages including monitoring, access control, and integrated solutions for commercial buildings, offices, and facilities.

s1.co.kr
2Home Security Services
ModelSubscriptionBilling cadenceMonthly
Notes

Residential security services including household Seecom, AI doorcam, and apartment complex solutions with tailored pricing.

s1.co.kr
3Information Security Platform (SESP)
ModelSubscriptionBilling cadenceAnnual
Notes

Endpoint security platform with per-seat or enterprise licensing available through consultation.

s1.co.kr
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 of 7 records shown
1SecomManager
Description

Access control management system for commercial and residential use

s1.co.kr
+6 more records
Core offering1 text field

S-1 Corporation delivers integrated physical security services (Seecom monitoring, CCTV, access control, manned guards) combined with AI-powered safety analytics, information/cybersecurity (SESP endpoint security, network and server protection), and full-scope real estate and facility management (PM/FM, smart building, BluScan). The company also operates vehicle fleet management and mobile safety services (안심모바일), serving commercial enterprises, government and national infrastructure, residential complexes, and individual households across South Korea.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • AI facial recognition access control achieves 99.9%+ authentication success rate
+1 more record
Product overview1 text field

S-1 Corporation (에스원) operates as a comprehensive security and facility management platform offering integrated solutions across multiple product lines. The core offering centers on 세콤/CCTV security systems (commercial and household), supplemented by intelligent video analytics and facial recognition access control. Digital security services include network monitoring (보안관제), endpoint security (SESP), and server protection. The company extends into real estate services including property management (PM), facility management (FM), and smart building solutions (블루스캔). Additional offerings encompass vehicle fleet management, mobile safety services, collaboration tools, and specialized products like AED devices and AI-powered door cameras. The portfolio spans B2B enterprise security, B2C home security, and real estate services, unified by a one-stop integrated service model.

Product and service1 record
1Commercial Seocom (상업용 세콤)
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
1Home Connectivity Alliance (HCA)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-09-05
Description

S-1 Corporation joined the Home Connectivity Alliance as an adopter member of the Korea Special Interest Group (Korea-SIG), collaborating with Hyundai Development Company, Hyundai Engineering and Construction, HDC Labs, Hyundai HT Co., and Sqisoft Inc. to drive adoption of HCA specifications for connected home and energy management in the Korean market alongside KASH (Korea Association of AI Smart Home).

businesswire.com
2Korea Association of AI Smart Home (KASH)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Collaborating with S-1 Corporation and other Korea-SIG members to promote HCA specifications and interoperability standards for connected home devices in the Korean market.

businesswire.com
3Hyundai Development Company
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Co-member in Home Connectivity Alliance Korea-SIG working on connected home and energy management specification adoption in Korea.

businesswire.com
4Hyundai Engineering and Construction
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Co-member in Home Connectivity Alliance Korea-SIG working on connected home and energy management specification adoption in Korea.

businesswire.com
5HDC Labs
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Co-member in Home Connectivity Alliance Korea-SIG working on connected home and energy management specification adoption in Korea.

businesswire.com
6Hyundai HT Co.
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Co-member in Home Connectivity Alliance Korea-SIG working on connected home and energy management specification adoption in Korea.

businesswire.com
7Sqisoft Inc.
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Co-member in Home Connectivity Alliance Korea-SIG working on connected home and energy management specification adoption in Korea.

businesswire.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
1SK Shieldus
TypeDirect peer
Description

Korea's #2 advanced-security and guarding provider (NCSI 78 points) and the closest head-to-head competitor to S-1 across manned guarding, CCTV monitoring, and integrated security solutions for enterprise and government accounts.

2KT Telecop
TypeDirect peer
Description

Korea's #3 advanced-security player (NCSI 77 points) and a KT Group affiliate offering guarding, CCTV, and integrated security services directly overlapping S-1's Seecom and enterprise security stack.

3Secom Co., Ltd.
TypeBroad incumbent
Description

Japan's largest security services company and the original namesake of S-1's 'Seecom' brand; offers online security systems, guarding, and information security as a broader incumbent reference point for the integrated model S-1 operates in Korea.

4Securitas AB
TypeBroad incumbent
Description

Global security services leader combining manned guarding, electronic security, and risk consulting; a useful international comparable for S-1's recurring-monitoring and integrated-services positioning despite different geographies.

5ADT Inc.
TypeBroad incumbent
Description

U.S.-based incumbent in monitored intrusion alarms, smart-home security, and commercial security installations, providing a benchmark for S-1's home Seecom, intelligent CCTV, and subscription security economics.

6Hanwha Vision
TypeEmerging player
Description

Korean manufacturer of video surveillance equipment and AI video analytics; adjacent rather than directly competitive, but a key technology peer shaping the AI-CCTV ecosystem that S-1's SVMS and intelligent CCTV products plug into.

7IDIS Co., Ltd.
TypeEmerging player
Description

Korean end-to-end video surveillance solutions provider with AI analytics and VMS, comparable as a specialized Korean player competing for the same enterprise CCTV and intelligent video-security budgets as S-1's CLES platform.

8POSCO A&C
TypeRegional player
Description

Korean property and facility management arm of POSCO Group offering PM/FM services overlapping with S-1's real estate services and Bluesscan smart building management, especially in large commercial and residential complexes.

9KT Estate
TypeRegional player
Description

Korean real estate and property/facility management subsidiary of KT Group, a regional peer to S-1's PM/FM and smart building management offerings in commercial and residential portfolios.

10Softcamp Co., Ltd.
TypeOthers
Description

Korean information-security vendor specializing in endpoint, DLP, and document security — thematically adjacent to S-1's SESP and server-security product line and a potential competitor or ecosystem partner in the Korean infosec stack.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability6 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

S-1 Corporation

Physical Security Services & Facility Managements1.co.kr

S-1 Corporation is a security solution company that provides network security, cloud security, and alarm monitoring services.

What S-1 Corporation does

S-1 Corporation provides customized system security services to businesses. They offer services that include physical security solutions, endpoint security, DB encryption, alarm monitoring services, and more.

S-1 Corporation firmographics

Firmographics
Name
S-1 Corporation
Legal name
S1 Co., Ltd
Website
https://www.s1.co.kr/
Company type
Public
Founded year
1977
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
S-1 Corporation is a security solution company that provides network security, cloud security, and alarm monitoring services.
Ownership category
akta.pro rank

S-1 Corporation industry classification

Industry
Product category
Physical Security Services & Facility Management
NAICS
Security Systems Services (except Locksmiths) (561621), Investigation, Guard, and Armored Car Services (56161), Security Systems Services (56162)
SIC
Services-Detective, Guard & Armored Car Services (7381)
akta.pro primary industry
Physical Security IoT & Smart Building Security Integration (Sensors, BMS tie-ins) (BPAKAGAL)
akta.pro secondary industries
Security Systems Monitoring & Dispatch (SOC/Remote Guarding) (IMAIAEAF), Professional Monitoring (Burglar/Intrusion) (HSAHAAAA), CCTV/Video Surveillance Monitoring & Management (Operations) (BPABAMAH), Security, Safety & Fire/Life Safety Management (BPABAAAE)

Keywords

  • Physical security services
  • CCTV surveillance systems
  • Access control solutions
  • Facility management services
  • Information security services

Where S-1 Corporation is headquartered

Location

Headquarters

HQ city
Jung
HQ country
China
HQ region
Asia

Offices1 record

Markets served

S-1 Corporation business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Security Services (세콤): Recurring security monitoring and surveillance services for commercial, residential, and enterprise facilities. Includes manned guard services and AI-powered CCTV monitoring.
  2. Security Solutions and Equipment: Sale and installation of security equipment including CCTV, access control systems, facial recognition readers, safety goods (AED, safety boxes), and home security products.
  3. Information Security Services: Cybersecurity services including security monitoring, endpoint security platform (SESP), server security, DB encryption, and collaboration services.
  4. Real Estate Management Services: Property management (PM), facility management (FM), and smart building management services for commercial and residential properties.
  5. Vehicle Fleet Management: Vehicle operation management services for buses, freight, rental cars, and corporate vehicles including specialized transport for dangerous goods.
  6. Mobile Safety Services: Mobile-based safety services including mobile SIM and safety monitoring solutions.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyEnterprise Security Solutions
SubscriptionMonthlyHome Security Services
SubscriptionAnnualInformation Security Platform (SESP)

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

S-1 Corporation product offering

Product offering

Core offering

S-1 Corporation delivers integrated physical security services (Seecom monitoring, CCTV, access control, manned guards) combined with AI-powered safety analytics, information/cybersecurity (SESP endpoint security, network and server protection), and full-scope real estate and facility management (PM/FM, smart building, BluScan). The company also operates vehicle fleet management and mobile safety services (안심모바일), serving commercial enterprises, government and national infrastructure, residential complexes, and individual households across South Korea.

Product overview

S-1 Corporation (에스원) operates as a comprehensive security and facility management platform offering integrated solutions across multiple product lines. The core offering centers on 세콤/CCTV security systems (commercial and household), supplemented by intelligent video analytics and facial recognition access control. Digital security services include network monitoring (보안관제), endpoint security (SESP), and server protection. The company extends into real estate services including property management (PM), facility management (FM), and smart building solutions (블루스캔). Additional offerings encompass vehicle fleet management, mobile safety services, collaboration tools, and specialized products like AED devices and AI-powered door cameras. The portfolio spans B2B enterprise security, B2C home security, and real estate services, unified by a one-stop integrated service model.

Differentiator

Problem solved

Functional benefit

Brands

  • SecomManager: Access control management system for commercial and residential use
  • CloudManager
  • SESP
  • BluScan
  • CLES
  • HUEN
  • SafeZone

Products and services

  • Commercial Seocom (상업용 세콤)

Quantifiable outcome

  • AI facial recognition access control achieves 99.9%+ authentication success rate
  • +1 more outcomes

Companies that use S-1 Corporation

Customer profile

Named customers3 records

Segments5 records

Ideal customer profiles6 records

S-1 Corporation technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature8 records

S-1 Corporation partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core and minor.

  • Home Connectivity Alliance (HCA)coreStrategic or Co-development Partner · 5 September 2025S-1 Corporation joined the Home Connectivity Alliance as an adopter member of the Korea Special Interest Group (Korea-SIG), collaborating with Hyundai Development Company, Hyundai Engineering and Construction, HDC Labs, Hyundai HT Co., and Sqisoft Inc. to drive adoption of HCA specifications for connected home and energy management in the Korean market alongside KASH (Korea Association of AI Smart Home).
  • Korea Association of AI Smart Home (KASH)coreStrategic or Co-development PartnerCollaborating with S-1 Corporation and other Korea-SIG members to promote HCA specifications and interoperability standards for connected home devices in the Korean market.
  • Hyundai Development CompanyminorStrategic or Co-development PartnerCo-member in Home Connectivity Alliance Korea-SIG working on connected home and energy management specification adoption in Korea.
  • Hyundai Engineering and ConstructionminorStrategic or Co-development PartnerCo-member in Home Connectivity Alliance Korea-SIG working on connected home and energy management specification adoption in Korea.
  • HDC LabsminorStrategic or Co-development PartnerCo-member in Home Connectivity Alliance Korea-SIG working on connected home and energy management specification adoption in Korea.
  • Hyundai HT Co.minorStrategic or Co-development PartnerCo-member in Home Connectivity Alliance Korea-SIG working on connected home and energy management specification adoption in Korea.
  • Sqisoft Inc.minorStrategic or Co-development PartnerCo-member in Home Connectivity Alliance Korea-SIG working on connected home and energy management specification adoption in Korea.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

S-1 Corporation competitors and assessment

Company assessment

Direct peers

  • SK Shieldus: Korea's #2 advanced-security and guarding provider (NCSI 78 points) and the closest head-to-head competitor to S-1 across manned guarding, CCTV monitoring, and integrated security solutions for enterprise and government accounts.
  • KT Telecop: Korea's #3 advanced-security player (NCSI 77 points) and a KT Group affiliate offering guarding, CCTV, and integrated security services directly overlapping S-1's Seecom and enterprise security stack.

Broad incumbents

  • Secom Co., Ltd. Japan's largest security services company and the original namesake of S-1's 'Seecom' brand; offers online security systems, guarding, and information security as a broader incumbent reference point for the integrated model S-1 operates in Korea.
  • Securitas AB: Global security services leader combining manned guarding, electronic security, and risk consulting; a useful international comparable for S-1's recurring-monitoring and integrated-services positioning despite different geographies.
  • ADT Inc. U.S.-based incumbent in monitored intrusion alarms, smart-home security, and commercial security installations, providing a benchmark for S-1's home Seecom, intelligent CCTV, and subscription security economics.

Emerging players

  • Hanwha Vision: Korean manufacturer of video surveillance equipment and AI video analytics; adjacent rather than directly competitive, but a key technology peer shaping the AI-CCTV ecosystem that S-1's SVMS and intelligent CCTV products plug into.
  • IDIS Co., Ltd. Korean end-to-end video surveillance solutions provider with AI analytics and VMS, comparable as a specialized Korean player competing for the same enterprise CCTV and intelligent video-security budgets as S-1's CLES platform.

Regional players

  • POSCO A&C: Korean property and facility management arm of POSCO Group offering PM/FM services overlapping with S-1's real estate services and Bluesscan smart building management, especially in large commercial and residential complexes.
  • KT Estate: Korean real estate and property/facility management subsidiary of KT Group, a regional peer to S-1's PM/FM and smart building management offerings in commercial and residential portfolios.

Others

  • Softcamp Co., Ltd. Korean information-security vendor specializing in endpoint, DLP, and document security — thematically adjacent to S-1's SESP and server-security product line and a potential competitor or ecosystem partner in the Korean infosec stack.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

S-1 Corporation social profiles

Digital presence

S-1 Corporation compliance and trust

Trust signal

Compliance3 records

S-1 Corporation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

S-1 Corporation leadership team

Management profile

Number of profiles

Profiles1 record

S-1 Corporation funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

S-1 Corporation M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about S-1 Corporation

What does S-1 Corporation do?

S-1 Corporation delivers integrated physical security services (Seecom monitoring, CCTV, access control, manned guards) combined with AI-powered safety analytics, information/cybersecurity (SESP endpoint security, network and server protection), and full-scope real estate and facility management (PM/FM, smart building, BluScan). The company also operates vehicle fleet management and mobile safety services (안심모바일), serving commercial enterprises, government and national infrastructure, residential complexes, and individual households across South Korea.

Is S-1 Corporation a public or private company?

S-1 Corporation is a public company. It is classified as public and is currently operating.

When was S-1 Corporation founded?

S-1 Corporation was founded in 1977. It employs 5,001 to 10,000 people.

Where is S-1 Corporation based?

S-1 Corporation is headquartered in Jung, China, in the Asia region.

How does S-1 Corporation make money?

Six revenue lines are on record. Security Services (세콤) is the primary driver. The others are security Solutions and Equipment, information Security Services, real Estate Management Services, vehicle Fleet Management and mobile Safety Services.

Who are S-1 Corporation's main competitors?

Direct peers on record are SK Shieldus and KT Telecop. Broad incumbents are Secom Co., Ltd., Securitas AB and ADT Inc.. Emerging players are Hanwha Vision and IDIS Co., Ltd.. Regional players are POSCO A&C and KT Estate. Softcamp Co., Ltd. is listed as an others.

Does S-1 Corporation have an API?

No public API is recorded for S-1 Corporation.

What industry is S-1 Corporation in?

S-1 Corporation's product category is Physical Security Services & Facility Management. Its primary akta.pro industry code is BPAKAGAL, Physical Security IoT & Smart Building Security Integration (Sensors, BMS tie-ins), with a secondary code of IMAIAEAF, Security Systems Monitoring & Dispatch (SOC/Remote Guarding). Its NAICS code is 561621 and its SIC code is 7381.

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Live signals
The Korea HeraldWhy is an activist targeting Samsung’s stakes in S-1?Flashlight Capital Partners offered 906.6 billion won for S-1 Corp. shares held by five Samsung affiliates, valuing the company at 4.4 trillion won. The affiliates rejected the offer, citing uncertainty, and Flashlight proposed an open auction. The dispute tests whether affiliates can justify retaining stakes in a security firm.NaverWhy is an activist targeting Samsung’s stakes in S-1?Flashlight Capital Partners offered 906.6 billion won for Samsung affiliates' S-1 Corp. shares, valuing the company at 4.4 trillion won above its market cap. The affiliates rejected the offer, citing uncertainty, and Flashlight proposed an open auction. The dispute tests whether affiliates can justify retaining stakes in a security firm.MorningstarFlashlight Capital Sends Letter to Samsung’s Jay Lee: Do Not InterfereFlashlight Capital offered to buy Samsung Group's 20.6% stake in S-1 for KRW 906.6 billion, citing lack of strategic rationale. It requested shareholder registers of the five affiliates and urged Executive Chairman Jay Lee not to interfere, with a September 23 response deadline.The Straits TimesSingapore-based activist fund seeks Samsung shareholder list in fight over S-1 Corp unitActivist fund Flashlight Capital Partners requested shareholder lists of five Samsung units holding 20.6% of S-1 Corp to engage them in improving returns. Founder Sanghyun Lee offered to buy the shares for 906.6 billion won, citing lack of synergy between Samsung affiliates and S-1. S-1 and Samsung have not responded to the campaign.HedgeweekActivist Flashlight offers 45% premium for Samsung affiliates’ S-1 stakesSingapore-based activist investor Flashlight Capital Partners has offered to buy the 20.6% stake held by five Samsung affiliates in security-services firm S-1 Corp at KRW116,000 per share, a 45% premium over the previous record of KRW115,000. The proposed deal is worth about KRW906.6bn ($655m), with affiliates until 23 September to respond. The proposal tests South Korea's strengthened Commercial Act on directors' fiduciary duties.YahooActivist Offers to Buy S-1 Stake From Samsung at 45% PremiumSingapore-based Flashlight Capital Partners offered to buy a combined 20.6% stake held by five Samsung affiliates in S-1 Corp. for 116,000 won a share, a 45% premium to Wednesday's close and 906.6 billion won ($655 million). The offer exceeds S-1's record July 2016 price of 115,000 won, and Flashlight gave Samsung boards until Sept. 23 to respond.YahooFlashlight Capital Offers to Buy Samsung Group’s Entire 20.6% Stake in S-1Flashlight Capital Partners Pte. Ltd. announced it will offer KRW 906.6 billion, or KRW 116,000 per share, to buy the entire 20.6% stake in S-1 Corporation held by five Samsung Group affiliates. The cash offer represents a 45% premium to the current market price and above S-1's all-time closing high of KRW 115,000. The five boards have until September 23, 2026 to respond.BloombergActivist Offers to Buy S-1 Stake From Samsung at 45% Premium - BloombergSingapore-based Flashlight Capital Partners said it proposed buying the combined 20.6% stake held by five Samsung affiliates in S-1 Corp. for 116,000 won a share, totaling 906.6 billion won ($655 million), a 45% premium to Wednesday's closing price. The deal would test how board directors handle expanded fiduciary duties under South Korea's revised corporate law.AInvestS-1 Corp 2Q net 46.75B won, est. 48.3B wonS-1 Corp reported second quarter net income of 46.75 billion won, falling short of analyst estimates of 48.3 billion won. The earnings miss indicates the company underperformed market expectations by approximately 3.2%. This was a routine quarterly earnings announcement with no additional context or strategic details provided.