SLL JOONGANG Co., Ltd and external investor agreed to acquire Film Monster Co., Ltd from ContentreeJoongAng corp. (KOSE:A036420) for KRW 18.7 billion on August 18, 2022. Film Monster generated Total assets of KRW 3 billion, total equity of KRW 2 billion, total debt of KRW 1 billion and Net Income of KRW -331.4 million for the financial year 2021.

Transaction is expected to close on September 13, 2022. As per the update on September 28, 2022, transaction is expected to close on today.