Sung Bo Chemicals Co., LTD (KOSE:A003080) agreed to acquire additional 7.469459% stake in Kortop Media Co., Ltd for KRW 1.5 billion on May 2, 2023. Transaction is expected to close on May 2, 2023. For the period ended December 31, 2022, Kortop Media had total assets of KRW 10.7 billion, Total common equity of KRW 7.3 billion, Sales of KRW 13.8 billion and net profit of KRW 1.4 billion.