CJ ENM CO., Ltd. signed an agreement to acquire the remaining 10.15% stake in Jk Film Co.Ltd. from Je Gyoon Yoon for KRW 5.074 billion.
October 24, 2022
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CJ ENM CO., Ltd. (KOSDAQ:A035760) signed an agreement to acquire the remaining 10.15% stake in Jk Film Co.Ltd. from Je Gyoon Yoon for KRW 5.074 billion on October 24, 2022. The number of shares to be acquired is 2,388. The transaction was approved by the board of directors on October 24, 2022.
CJ ENM Co Ltd, formerly CJ O Shopping Co Ltd, is a Korea-based company engaged in home shopping and catalogue sales business. The company operates its business through four segments. The Media Business segment provides broadcasting services through broadcasting channels such as TVN, OCN, and channel (CH) CGV, and sells broadcasting contents. The Commerce Business segment sells men's and women's underwear and apparel, accessories, bedding, electronics, cosmetics, sporting goods, furniture, household goods, kitchenware, food, and mobile phones through cable television home shopping networks, mail order, and the Internet. The Film and Performance Business segment is engaged in the production, distribution, and investment of movies, and operates the performance business. The Music Business segment is engaged in music production and distribution business.