Global Tax Free Co., Ltd. (KOSDAQ:A204620) acquired additional 7.5% stake in Swanicoco Co., Ltd. from Brain Contents CO., LTD. (KOSDAQ:A066980) for KRW 25.7 billion on December 8, 2020. Global Tax Free acquired 3.1 million shares and now owns 3.5 million shares of Swanicoco. The transaction was self-funded and payment was paid in full on the delivery date.

Global Tax Free Co., Ltd. (KOSDAQ:A204620) completed the acquisition of additional 7.5% stake in Swanicoco Co., Ltd. from Brain Contents CO., LTD. (KOSDAQ:A066980) on December 8, 2020.