Key Developments: Webzen Inc (069080.KQ)

069080.KQ on KOSDAQ - Korea Secs Dealers Association Quotation

39,500.00KRW
19 Dec 2014
Price Change (% chg)

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₩39,500.00
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₩38,000.00
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₩39,500.00
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₩36,500.00
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Latest Key Developments (Source: Significant Developments)

Webzen to dispose treasury shares
Friday, 28 Nov 2014 02:45am EST 

Webzen Inc:To sell 55,000 shares of common stock on Dec. 1.Offering price of 12,545 won per share, or 690 mln won in total.  Full Article

Webzen to dispose treasury shares
Friday, 31 Oct 2014 01:51am EDT 

Webzen Inc:To sell 8,363 shares of common stock on Oct. 31.Offering price of 6,358 won per share, or 53,170,669 won in total.  Full Article

Webzen to merge with Webzen Ymir Games
Friday, 18 Apr 2014 03:58am EDT 

Webzen Inc:To merge with its subsidiary, Webzen Ymir Games, which is engaged in the development of game and supply related service, to improve operating efficency and create synergy.Merger ratio of 1:0 between Webzen Inc and Webzen Ymir Games.Expected merger effective date of July 1.Webzen Inc will survive and Webzen Ymir Games will be dissolved after the merger.  Full Article

Webzen Inc. Announces Change in Shareholding Structure
Tuesday, 5 Nov 2013 02:15am EST 

Webzen Inc. announced that Hanwha Asset Management CO., LTD has purchased 1,826,261 shares of the Company, representing a 5.17% stake.  Full Article

Webzen Inc. Announces Cancellation of Contract with Tencent
Friday, 2 Aug 2013 03:04am EDT 

Webzen Inc. announced that its contract with Tencent to provide battery overseas publishing service, has been canceled due to the latter company's request. The contract was initially announced on April 15, 2011 and the canceled amount is KRW 8,193,750,000.  Full Article

Webzen Inc. Acquires Gala-Net, Inc.
Tuesday, 19 Feb 2013 01:20am EST 

GALA INC announced that it has completed the selling of 128,505,122 shares of its United States-based subsidiary Gala-Net Inc., for USD 16,766,000 in total to Webzen Inc., effective February 15, 2013. As a result, GALA now holds no stake in Gala-Net, while Webzen now holds a 100% of Gala-Net, Inc.  Full Article

Webzen Inc. to Acquire Gala-Net, Inc.
Friday, 1 Feb 2013 01:46am EST 

Webzen Inc. announced that it will acquire entire 134,545,122 shares of the United States-based online game service company, Gala-Net, Inc., for KRW 19,115,697,625, to expand business channel and global businesses. The expected transaction settlement date is February 15, 2013. After the transaction, the Company will hold 134,545,122 shares, or 100% of Gala-Net, Inc.  Full Article

GALA INC to Sell Subsidiary to Webzen Inc.
Friday, 1 Feb 2013 01:20am EST 

GALA INC announced that it has decided to sell 128,505,122 shares of its United States-based subsidiary Gala-Net Inc., for USD 16,766,000 in total to Webzen Inc., effective February 15, 2013. As a result, the Company will hold no stake in Gala-Net.  Full Article

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