Global Tax Free Co., Ltd. (KOSDAQ:A204620) signed an agreement to acquire 24.99% stake in LLSOLLU CO.,LTD. from Changjin Ji and 7 others for KRW 16.2 billion on March 14, 2022. The consideration will be paid in the form of cash from own funds of Global Tax Free Co., Ltd. The transaction is expected to close on March 31, 2022.