CTM Co. Ltd. agreed to acquire a 9.37% stake in BYON Co., Ltd. (KOSDAQ:A032980) from W Global 1 Union and Kim Byeong Jun for KRW 11.9 billion on November 13, 2023. CTM Co will pay down payment of 15% at the time of signing the contract and Balance 85% to be paid 3 days prior to the extraordinary general meeting of shareholders.

The extraordinary shareholders' meeting date is January 5, 2024, and the balance payment date is confirmed to be January 1, 2024.