An undisclosed buyer agreed to acquire 10.04% stake in Medistaff Co., Ltd. from LifeSemantics Corp. (KOSDAQ:A347700) for KRW 1.2 billion on February 28, 2024. The consideration consists of KRW 1217.9 million in cash.

As part of the consideration, KRW 1217.9 million was paid towards common equity. The transaction is expected to complete on March 6, 2024.