Brief: S.Korea's WeMade Entertainment to sell $178 mln worth of Kakao shares

Wemade

05/04/2017 08:47

April 5 (Reuters) - WeMade Entertainment Co Ltd  112040.KQ : 
    * Says to sell 200 billion won ($178.14 million) worth of 
Kakao Corp  035720.KQ  shares to recover investments 
    * Says to sell 2.3 million Kakao shares via a block trade 
 
Further company coverage:  112040.KQ  
 
($1 = 1,122.7300 won) 
 
 (Reporting By Se Young Lee) 
 ((Vincentsy.Lee@thomsonreuters.com;))