Gamevil says it plans to offer 840,000 shares at 15,000 KRW per share to raise 12.6 billion KRW (US$10.1 million).

The company, which says it generated sales of 15.4 billion KRW and net profit of 5.3 billion KRW in 2008, will list on KOSDAQ (Korean Securities Dealers Automated Quotations), with Tong Yang Securities acting as the sole manager for the offering.

Gamevil is probably best known in western markets for its one-button casual games and exporting its Baseball Superstars franchise, which has now sold 10 million downloads globally.

It also started offering in-game mobile ad inventory to the likes of Coca-Cola back in January last year.

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