Chorokbaem Media Co., Ltd. (KOSDAQ:A047820) acquired HOOK Entertainment Co., Ltd. for KRW 44 billion on December 9, 2021. Hook's Chief Executive Officer Kwon Jin-young gave KRW 16.7 billion worth of share, or 38% of her shares, free of charge to all of the agency’s artists and employees. Chorokbaem Media Co., Ltd. (KOSDAQ:A047820) completed the acquisition of HOOK Entertainment Co., Ltd. on December 9, 2021.