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Mgame executives buy 100 million won worth of own shares

Mgame said on Thursday that its registered executives, including Vice President Hong Deung-ho and Director Lee Jae-chang, bought 50 million won each of the company’s shares on the open market. It said the purchases reflect management’s confidence in the company’s sustainable growth and that it will consider additional buying depending on market conditions. Mgame has expanded shareholder-friendly policies, including cash dividends and a 2 billion won share buyback to be fully retired.

Games & Commerce

Wemade signs publishing deal with Madngin for new \'Night Crows\' title, targets launch this year

Wemade will unveil a new title using the intellectual property of its hit game \'Night Crows\' within the year. The company said it signed a publishing contract with Madngin and has begun preparations for launch, targeting a global one-build release this year. The new game will be an MMORPG playable on PC and mobile. Wemade also aims to launch the original \'Night Crows\' in China this year.

Games & Commerce

Krafton to hold first global test for new title Project Zeta, targets early access in second half

Krafton is stepping up global preparations for its new game Project Zeta, targeting a global early access release in the second half of this year. The company said it will hold the title’s first global community test from June 25 to June 28. Players in North America, Europe and South Korea, among other regions, can apply via the game’s Steam store page. Project Zeta is a multi-team tactical arena online multiplayer game being developed by Nirvanana Studio.