'Webzen’s Japanese Partner GameOn Co., Ltd. scheduled to be listed on Tokyo Stock Exchange (Mothers Market) on December 8th, 2006
GameOn Co., Ltd., a Japanese online game operator which Webzen Inc. has an equity stake in, is scheduled to be listed on the Mothers Market (Market of the high-growth and emerging stocks) in Japan.
GameOn Co. Ltd., a Japanese online game operator, is scheduled to be listed on Tokyo Stock Exchange, Mothers Market (Market of the high-growth and emerging stocks) on December 8th, 2006. GameOn Co., Ltd. was established in April 2001, and has been operating online games such as MU (Webzen Inc.) and Red Gem (Samsung Electornoics Co., Ltd.).
E-Samung Japan and Softbank Co., Ltd. are the major shareholders and Webzen Inc. owns 4.49%. The price will be set in the beginning of December, and the valuation amount will be determined later on.
More details about GameOn Co., Ltd. IPO can be found on the Tokyo Stock Exchange (TSE) website below. http://www.tse.or.jp/listing/new/index.html (refer to the attachment file of the company code 3812 (株)ゲームオン)