Thursday, August 11, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Gaming

Nexon Founder To Sell Majority Shares; Potential Buyers Include Tencent And EA

by Ian Chee
January 6, 2019
164
SHARES
Share on FacebookShare on Twitter

If you’ve played some popular MMORPGs like MapleStory, then you’ll have at least heard of its publisher, Nexon. It’s one of the biggest video game companies in South Korea. And now, its founder, Kim Jung-ju is selling 98.64% of its stocks.

More specifically, Kim is selling the stocks of NXC, the umbrella that holds the Nexon name. This includes Nexon of Korea itself, Nexon America and Nexon Europe.

ADVERTISEMENT

To be precise, the founder plans on selling 98.64% of his stocks. Stocks that amount to approximately KRW10 trillion (~RM36.9 million). They are held jointly by Kim and his wife, among others cohorts. It is also understood that Kim intends to give 1% of the stocks sold – which is about RM369 billion – back to society.

Considering the size of the company, it will take an equally large – if not larger – mega corporation to buy almost all of NXC’s stocks. Reports indicate that potential buyers include Chinese conglomerate Tencent, US publisher EA, and Korean competitor Netmarble Corp.

(Source: Reuters, The Korea Herald via TechCrunch, Image: Variety, Arirang News / YouTube via Kotaku )

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

Tags: MapleStoryNexon
Updated 9:50 am, Mon, 7 January 19
Back to top
Share66Tweet41SendShare

ADVERTISEMENT

RELATED ARTICLES

Gaming

Free To Play Version Of Titanfall Coming To Asia

by Farhan
July 30, 2015
Events

Asiasoft Announces MapleStory 3: Justice Patch

by Pang Tun Yau
November 6, 2012
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    Apps

    WhatsApp Is Giving You Two Whole Days To Delete Messages

  2. 2
    Fintech

    Maybank Apple Pay Page Is Now Live [UPDATED]

  3. 3
    Fintech

    Apple Pay Finally Arrives In Malaysia: Supports Maybank, AmBank, and Standard Chartered

  4. 4
    Laptops

    2022 Acer Swift 5 Lands In Malaysia With New Design and 12th Gen Intel Core

  5. 5
    Fintech

    Apple Pay Signage Appears At Maxis Centre And Website (UPDATED)

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.