An unknown buyer agreed to acquire 40.77% stake in Agricultural corporation Korea Wonjong Co., Ltd. from Cherrybro co.,Ltd (KOSDAQ:A066360) for KRW 20 billion on December 21, 2022. Cherrybro will sell 1.230012 million shares of Agricultural corporation Korea Wonjong. The board resolution date is December 21, 2022.

The transaction is expected to close on December 21, 2022.