Korean production house, One Entertainment, is acquiring remake rights for Ochre Pictures’ original romantic fantasy drama, "Café Verita".

At the MoU signing on the sidelines of the Busan International Film Festival at the weekend, the companies said this was the first Singapore drama IP acquired by a Korean company.

The agreement also mentions the possibility of further IP acquisitions.

"Café Verita", created in house by Ochre Pictures, centres around the mystical Café Verita, where patrons are compelled to speak only the truth and which becomes the centre of a tug-of-war between the twin gods of truth and lies.