[Alpha Biz=(Chicago) Reporter Paul Lee] Stock prices fell on the 4th as Wemade was fined 50 billion won by the National Tax Service.

On this day, Wemade closed at 56,600 won, down 4.55% from the previous trading day.

Stock prices also fell to 55,100 won, 7.08% lower than the previous trading day.

WeMadePlay (-5.48%) and WeMadeMax (-5.34%) also closed lower.

After closing the market the previous day, Wemade announced that the Central Regional Tax Office's 2019-2022 corporate tax integration investigation resulted in a fine of 53.69 billion won.

The amount is the sum of the amount imposed on WeMade and its subsidiary WeMadeTree, whose payment deadline is the 29th of next month and the ratio of fines to equity capital is 10.05%.

 

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