Organic Tea Cosmetics Holdings Company Limited (KOSDAQ:A900300) agreed to acquire 29.05% stake in Tiantian Aomei Technology Holding Limited for KRW 17.6 billion on October 27, 2020. Under the terms, Organic Tea will acquire 14.25 million Tiantian Aomei shares and will issue 14.7 million shares and will pay KRW 8.35 billion in cash as consideration. As of December 12, 2020, payment date was changed from December 12, 2020 to January 12, 2021. The transaction is expected to complete on December 12, 2020.