[Asia Economy Reporter Song Seung-yoon] VT GMP, a KOSDAQ-listed company, announced on the 16th that it will additionally acquire 2,423,505 shares of Cube Entertainment for approximately 9 billion KRW.


After the stock acquisition, VT GMP's stake in Cube Entertainment will be 30.6%. The scheduled date for the stock acquisition is the 16th of next month.



VT GMP stated that the purpose of this stock acquisition is to "establish a stable governance structure through strengthening management control."


This content was produced with the assistance of AI translation services.

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