Approval of the split plan as originally proposed
Establishment of 2 new companies through a simple physical split
Goal to launch NC QA and NC IDS on October 1,
NCSoft shareholders meeting scene photo/photo=NCSoft provided,
, ‘NCSoft announced that it held a temporary shareholders’ meeting at the NCSoft Pangyo Research and Development Center in Bundang-gu, Seongnam-si, Gyeonggi-do on the 14th and confirmed the corporate split and establishment of new companies.’,
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, ‘NCSoft held a board meeting on June 24 and decided on company split and establishment of 2 new companies. The resolution item ‘Approval of the split plan’ was approved as originally proposed at the temporary shareholders’ meeting.’,
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, “The new companies are ‘NC QA’ and ‘NC IDS,’ two unlisted companies. The goal is to launch them on October 1.”,
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, ‘NC QA is a specialized company in the quality assurance (QA) service business sector. Its business areas include △software quality assurance services and other related businesses △computer programming, system integration, and management △information technology and computer operation related services, while NC IDS is a specialized company in the application software development and supply business sector. Its business areas include △development and supply of application software △computer system integration consulting and construction △system software development and supply, among others.’,
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, ‘Through this split, NCSoft plans to establish a management system that enables swift and expert decision-making for each business sector, ultimately focusing on enhancing corporate and shareholder value.’,
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, ‘Park Byung-moo, co-CEO who served as the chairman of the shareholders meeting, said, “The newly established companies will evolve into specialized companies focused on business-to-business (B2B) transactions leveraging the expertise of the technical support organization,” and added, “NCSoft will not only maintain its inherent competitiveness but also focus on laying the foundation for sustainable growth.”‘,
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