CJ Corporation (KOSE:A001040) agreed to acquire Timewise Investment Co., Ltd. from C&I Leisure Industry Co., Ltd. for KRW 22.1 billion on August 5, 2022. As per the transaction, CJ Corporation shall acquire 2 million shares for KRW 11,066 per share. The transaction date shall be August 12, 2022.

CJ Corporation (KOSE:A001040) completed the acquisition of Timewise Investment Co., Ltd. from C&I Leisure Industry Co., Ltd. on end of 2022.