FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

For the month of January 2010
Commission File Number: 000-50476

Webzen Inc.
(Translation of registrant’s name into English)

14 th Floor, Daerung Post Tower 2nd
182-13 Guro-Dong Goru-Gu
Seoul, Korea 152-790
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F
X
 
Form 40-F
 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes
   
No
X

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes
   
No
X

Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes
   
No
X

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
 
 


 
 
 

 
 

 
Webzen Inc.

INDEX TO EXHIBITS

Item
 
1.
Change of independent accountants
   
   
   
   
 
 
 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


 
   
Webzen Inc.
 
       
       
Date:
May 25, 2010
 
By:
/s/ Chang Keun Kim
 
       
Name:
CHANG KEUN KIM
 
       
Title:
Chief Executive Officer
 

 
 
 

 
 
 
Item 1
 
 
On April 30, 2010, Webzen, Inc. (the “Company”) engaged KPMG Samjong Accounting Corp. (“KPMG”) as its independent accountants.  The Audit Committee of the Board of Directors of the Company approved the engagement of KPMG.  KPMG will review the Company’s financial statements beginning with the fiscal quarter ended March 31, 2010, and will audit the Company’s financial statements for the fiscal year ending December 31, 2010.

During the Company’s two most recent fiscal years and during any subsequent interim period prior to the appointment of KPMG, the Company has not consulted with KPMG regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, and no written report or oral advice was provided to the Company that KPMG concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue, or (ii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions thereto) or a reportable event (as described in Item 304(a)(1)(v) of Regulation S-K).

Samil PricewaterhouseCoopers (the “PWC”) has audited the Company’s financial statements for the fiscal year ending December 31, 2009.  The Audit Committee of the Board of Directors of the Company approved the replacement of PWC.  The engagement with PWC will end after the US GAPP Audit report have been published and the Form 20-F for the fiscal year ending December 31, 2009 have been filed.

The Company and PWC have not had any disagreement on matters of accounting principles or practices, financial statement disclosure, or auditing scope or procedures for which disagreement, if not resolved to the satisfaction of PWC, would have caused PWC to make reference to the subject matter of the disagreement in connection with its report on the Company’s financial statements.

The information contained herein is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended or the Exchange Act, except as expressly set forth by specific reference in such filing.

 

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