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Kakao’s games subsidiary to take controlling stake in Roi Games
By 최희석Published : June 23, 2016 - 09:36
[THE INVESTOR] Kakao’s games affiliate NZIN announced on June 23 that it will buy 40.1 percent of Roi Games for 6 billion won (US$5.2 million).
The investment will make NZIN the largest shareholder of the Korean games maker. With the stock purchase, NZIN will gain publishing rights to Roi Games’ upcoming releases.
NZIN is 29.42 percent held by Kakao, and 45.4 percent by Kakao’s investment subsidiary K Venture Group.
By Choi He-suk (cheesuk@heraldcorp.com)
The investment will make NZIN the largest shareholder of the Korean games maker. With the stock purchase, NZIN will gain publishing rights to Roi Games’ upcoming releases.
NZIN is 29.42 percent held by Kakao, and 45.4 percent by Kakao’s investment subsidiary K Venture Group.
By Choi He-suk (cheesuk@heraldcorp.com)
