Eugene Investment & Securities Co.,Ltd. (KOSE:A001200) agreed to acquire a 22.79% stake in Eugene W Private Equity Limited for KRW 40 billion on December 7, 2021. The consideration will be paid in cash. Upon completion, Eugene Investment & Securities Co. will hold 40 billion shares, representing a 22.79% stake in Eugene W Private Equity. The transaction is expected to be closed on December 8, 2021.