[Asia Economy Reporter Jang Hyowon] Kakao Games, a KOSDAQ-listed company, announced on the 10th that it has decided on a third-party allotment paid-in capital increase worth approximately 196.6 billion KRW. The purpose of the fund raising is to acquire securities of other companies.


The issue price per new share is 56,600 KRW, and 3,474,101 new shares will be issued. The third-party allotment recipients include Kim Jaeyoung (3,128,686 shares) and Lee Hansoon (174,872 shares), among others.



The company stated, "This decision was made because the interests aligned for global business expansion and enhancing corporate value."


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