HYBE Co., Ltd. (KOSE:A352820) agreed to acquire the remaining 52.48% stake in Belift Lab Inc from CJ ENM CO., Ltd. (KOSDAQ:A035760) and Tae-ho Kim for KRW 150 billion on August 10, 2023. The transaction is expected to close on September 15, 2023. As of September 15, 2023 The disposal date will be confirmed and re-announced after notification of the Fair Trade Commission's review results.