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DoubleUGames invests W303.3b in The8Games

PUBLISHED : May 19, 2017 - 17:12

UPDATED : May 19, 2017 - 17:12

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[DISCLOSURE] DoubleUGames (192080) announced on May 19 that it has decided to acquire an additional 1,010,913 shares of game developer The8Games at 303.3 billion won (US$269.55 million).

It will own the entire stake of the company for a capital raise to acquire a local corporation, said the firm. 

By Hwang You-mee (theinvestor@heraldcorp.com)

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