Basan No.1 Partnership and Bashan Investment Co., Ltd. agreed to acquire 40% stake in FreeMs Corporation (KOSDAQ:A053160) from Joo-Sik Jo, Jeong Bok-hee and Park Heung-Sik for KRW 38.4 billion on January 5, 2024. The deal is expected to be completed on April 23, 2024.