[Asia Economy Reporter Moon Hyewon] Kukbo announced on the 22nd that it will additionally acquire 135,460 shares of its subsidiary Vog International, which sells clothing, accessories, and daily necessities, for about 2.8 billion KRW.


After acquiring the shares, Kukbo's stake in Vog International will be 92%. The scheduled date for the share acquisition is the same day as the announcement.



Kukbo stated that the purpose of this share acquisition is to "strengthen subsidiary control requirements and responsible management."


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