VPK Inc. agreed to acquire WhoWho & Company Corporation from ktcs corporation (KOSE:A058850) for KRW 2.1 billion on December 28, 2021. VPK Inc. will acquire 2 million shares of WhoWho & Company Corporation in the deal. For the period ended December 31, 2020, WhoWho & Company Corporation reported total assets of KRW 5.7 billion, equity of KRW 3 billion, revenues of KRW 4.8 and net loss of KRW 2.7 billion.

The Board of ktcs corporation has resolved the deal. The transaction is expected to close on March 31, 2022. As on February 16, 2022, the transaction is expected to close on June 30, 2022.