[Edaily Reporter Kwon Oh Seok ] Manho Steel ( ManhoRope&Wire(001080)) announced on the 1st that it plans to raise approximately 100 billion won by selling non-operating real estate not directly used in its business operations. The company intends to use the funds raised through this asset monetization as a key resource for future growth investments and enhancing shareholder value.

In particular, the secured funds will be prioritized for strategic M&A. The company plans to focus its acquisition efforts on companies that offer synergies with its existing businesses, stable cash generation capabilities, excellent profitability, and a solid financial structure—rather than simply pursuing expansion for the sake of growth.
ManhoRope&Wire has recently been expanding its foundation for future growth by successively acquiring MH Systems, a manufacturer of industrial robot electronics and control systems, and MH Dynamics, a company specializing in robot hardware and precision machining. The company envisions building an integrated platform encompassing both robot software and hardware to transition its existing manufacturing-centric business structure toward high-value-added, cutting-edge industries.
Furthermore, the company intends to utilize surplus funds generated from strategic M&A for shareholder return initiatives, such as the repurchase and cancellation of treasury stock and increased dividends. At the same time, it plans to reduce financial expenses and strengthen financial stability by repaying debt.
A company official stated, “This asset monetization is not merely a sale of non-core assets, but a strategic reallocation of capital to convert low-yield assets into high-yield growth assets,” adding, “We will maximize capital efficiency to continuously enhance corporate value over the medium to long term.”