Benoholdings, Inc. (KOSDAQ:A206400) signed a contract to acquire 31.23% stake in FN REPUBLIC Co., Ltd (KOSDAQ:A064090) from FN Cosmedics Co., Ltd. for KRW 4.5 billion on February 24, 2023. The transaction is expected to close on September 27, 2023. As on December 14, 2023, the transaction is expected to complete on December 14, 2023.