DAE-IL Corporation (KOSE:A092200) agreed to acquire 40% stake in DIC Advanced Materials Co., Ltd. for KRW 40 million on April 23, 2024. As per the transaction, DAE-IL Corporation will acquire 4000 shares of DIC Advanced Materials Co., Ltd. As of December 2023, DIC Advanced Materials Co., Ltd. generated total assets of KRW 100 million and net assets of KRW 100 million. The transaction is expected to close on April 24, 2024.