Creaplanet Co.,Ltd. (KOSDAQ:A058530) agreed to acquire 99% stake in Nature Republic International Trading Ltd for KRW 1.9 billion on June 15, 2017. The consideration is paid in cash. Nature Republic International Trading Ltd reported total assets of KRW 1.68 billion, sales of KRW 6.22 billion and net loss of KRW 1.05 billion in 2016. The Board of Directors passed a resolution for the transaction on June 15, 2017. The transaction is expected to be completed on July 31, 2017.