Cube Entertainment Decides to Acquire Additional 3 Billion KRW Worth of VT GMP Shares

[Asia Economy Reporter Junho Hwang] Cube Entertainment announced on the 29th that it has additionally acquired 372,208 shares of VT GMP. The acquisition amount is 3 billion KRW, which corresponds to 8.06% of the company's equity capital. After the acquisition, the shareholding ratio is 3.11% (1,071,999 shares). The company stated that the purpose is "to secure new growth engines through strengthening strategic partnerships and to expect investment returns."