Didim E&F Inc. (KOSDAQ:A217620) agreed to acquire 38.44% stake in Iwill Media Corporation from Terrafin Co., Ltd. and other shareholders for KRW 6.19 billion on February 28, 2023. Didim E&F Inc. will acquire 0.83 million shares of Iwill Media Corporation. The consideration will be paid in cash.

The board of directors of Didim E&F Inc. approved the transaction. Iwill Media Corporation recorded total assets of KRW 12.82 billion, net income of KRW 1.86 billion, net assets of KRW 9.55 billion and sales of KRW 24.05 billion for the year ended December 31, 2022.