Baekun Fund agreed to acquire 7.16% stake in KOAS Co., Ltd. (KOSE:A071950) from Noh Jae Geun for KRW 6.64 billion on July 5, 2024. A cash consideration valued at KRW 3000 per share will be paid by Baekun Fund.

The expected completion of the transaction is December 31, 2025.