Decision to Acquire 60% Stake in Hong Kong JV for KRW 4,392,900,000
Decision to establish a new joint venture (OA Global Co., Limited) in Hong Kong for overseas market expansion, acquiring 60% stake for KRW 4,392,900,000 (USD 3,000,000, exchange rate KRW 1,464.3/USD) in cash
Total capital of the JV is USD 5,000,000, with OA contributing 60% and Jialakhem Technology Limited contributing 40%
Expected acquisition date is December 31, 2026, subject to change due to regulatory approvals and other factors
Acquisition amount represents 10.2% of equity (KRW 43,051,530,048), implying limited impact on operations and financials as a new entity setup
KOSDAQ Filing Information
Filing: [Correction of Description] Decision on Acquisition of Stocks and Equity Securities of Other Corporations