-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DHd9hlql6dZs1BydW5opmQPPVJGoK5fR9sSXss8iwKTYcKKvCHwktpuInXk0BUw3 jPJx06zAwkrMkasa1G9zfQ== 0000950103-07-000357.txt : 20070213 0000950103-07-000357.hdr.sgml : 20070213 20070212193808 ACCESSION NUMBER: 0000950103-07-000357 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070213 DATE AS OF CHANGE: 20070212 GROUP MEMBERS: KI-YONG CHO GROUP MEMBERS: KIL-SAUP SONG GROUP MEMBERS: WON-SEON KIM FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KIM NAM JU CENTRAL INDEX KEY: 0001277691 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: DAELIM ACROTEL BUILDING 6TH FL STREET 2: 467-6 DOGOK-DONG KANGNAM-KU CITY: SEOUL STATE: M5 ZIP: 135 971 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WEBZEN INC CENTRAL INDEX KEY: 0001266467 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79418 FILM NUMBER: 07605352 BUSINESS ADDRESS: STREET 1: DAELIM ACROTEL BLDG 6TH FL STREET 2: 467-6 DOGOK-DONG, KANGNAM KU CITY: SEOUL STATE: M4 ZIP: 00000 MAIL ADDRESS: STREET 1: DAELIM ACROTEL BLDG 6TH FL STREET 2: 467-6 DOGOK-DONG, KANGNAM KU CITY: SEOUL STATE: M4 ZIP: 00000 SC 13G/A 1 dp04680_sc13ga.htm



SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 2)


Webzen Inc.
(Name of Issuer)
 
 
Common Stock, 500 Won per share
(Title of Class of Securities)
 
 
94846M102
(CUSIP Number)
 
 
December 31, 2006
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
          o   Rule 13d-1(b)
          o   Rule 13d-1(c)
          x   Rule 13d-1(d)

     * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

     The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 Act or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Page 1 of 13








CUSIP No. 94846M102 13G Page 2 of 13 Pages

1.  NAMES OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 Nam-Ju Kim
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o 
(b) x 
3.  SEC USE ONLY
4.  CITIZENSHIP OR PLACE OF ORGANIZATION

 Korea, Republic of
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH 		5.  SOLE VOTING POWER

813,279
6.  SHARED VOTING POWER

1,615,908 common stock
7.  SOLE DISPOSITIVE POWER

813,279
8.  SHARED DISPOSITIVE POWER

None
9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 2,429,187 common stock
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o 
 
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 19.8%
12.  TYPE OF REPORTING PERSON

 IN




CUSIP No. 94846M102 13G Page 3 of 13 Pages

1.  NAMES OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 Ki-Yong Cho
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o 
(b) x 
3.  SEC USE ONLY
4.  CITIZENSHIP OR PLACE OF ORGANIZATION

 Korea, Republic of
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH 		5.

 SOLE VOTING POWER

811,879

6.  SHARED VOTING POWER

1,617,308 common stock
7.  SOLE DISPOSITIVE POWER

811,879
8.  SHARED DISPOSITIVE POWER

None
9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 2,429,187 common stock
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o 
 
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 19.8%
12.  TYPE OF REPORTING PERSON

 IN





CUSIP No. 94846M102 13G Page 4 of 13 Pages

1.  NAME OF REPORTING PERSON
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 Kil-Saup Song
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o 
(b) x 
3.  SEC USE ONLY
4.  CITIZENSHIP OR PLACE OF ORGANIZATION

 Korea, Republic of
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH 		5.  SOLE VOTING POWER

722,829
6.  SHARED VOTING POWER

1,706,358 common stock
7.  SOLE DISPOSITIVE POWER

722,829
8.  SHARED DISPOSITIVE POWER

None
9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 2,429,187 common stock
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o 
 
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 19.8%
12.  TYPE OF REPORTING PERSON

 IN




CUSIP No. 94846M102 13G Page 5 of 13 Pages

1.  NAMES OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 Won-Seon Kim
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o 
(b) x 
3.  SEC USE ONLY
4.  CITIZENSHIP OR PLACE OF ORGANIZATION

 Korea, Republic of
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH 		5.

 SOLE VOTING POWER

81,200

6.  SHARED VOTING POWER

2,347,987
7.  SOLE DISPOSITIVE POWER

81,200
8.  SHARED DISPOSITIVE POWER

None
9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 2,429,187 common stock
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o 
 
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 19.8%
12.  TYPE OF REPORTING PERSON

 IN





Item 1(a).   Name of Issuer:

     Webzen Inc.

Item 1(b).   Address of Issuer’s Principal Executive Offices:

    Daelim Acrotel Building 6th Floor
     467-6 Dogok-dong, Kangnam-ku
     Seoul, Korea 135-971

Item 2(a).   Name of Person Filing:

      Nam-Ju Kim, Korean citizen
      Ki-Yong Cho, Korean citizen
      Kil-Saup Song, Korean citizen
      Won-Seon Kim, Korean citizen

Item 2(b).   Address of Principal Business Office or, if None, Residence:

    Each of the reporting person has a business address of:

    Daelim Acrotel Building 6th Floor
     467-6 Dogok-dong, Kangnam-ku
     Seoul, Korea 135-971

Item 2(c).   Citizenship:

     Shown in item 2(a) above

Item 2(d).   Title of Class of Securities:

     Common stock, par value 500 Won per share

Item 2(e).   CUSIP Number:

     94846M102

Item 3. If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

(a)   o

Broker or dealer registered under Section 15 of the Exchange Act;

       
(b)   o Bank as defined in Section 3(a)(6) of the Exchange Act;
       
(c)   o Insurance company as defined in Section 3(a)(19) of the Exchange Act;
       
(d)   o Investment company registered under Section 8 of the Investment Company Act;
       
(e)   o An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
       
(f)   o An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
       
(g)   o A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
       
(h)   o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
       

Page 6 of 13 Pages






(i)   o A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
       
(j)   o Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4. Ownership.

     Provide the following information regarding the aggregate number and percentage of the class of securities of issuer identified in Item 1.

          Nam-Ju Kim   Ki-Yong Cho   Kil-Saup Song   Won-Seon Kim
  (a)

Amount beneficially owned:

   2,429,187   2,429,187   2,429,187   2,429,187
          common stock   common stock   common stock   common stock
                       
  (b)

Percent of class:

   19.8%   19.8%   19.8%   19.8%
                       
  (c)

Number of shares as to which such person has:

                
                       
    (i)

Sole power to vote or to direct the vote:

   813,279   811,879   722,829   81,200
          common stock   common stock   common stock   common stock
                       
    (ii) Shared power to vote or to direct the vote:   1,615,908   1,617,308   1,706,358   2,347,987
          common stock   common stock   common stock   common stock
                       
    (iii)

Sole power to dispose or to direct the disposition of:

   813,279   811,879   722,829   81,200
          common stock   common stock   common stock   common stock
                       
    (iv)

Shared power to dispose or to direct the disposition of:

   None   None   None   None

     Instruction. For computations regarding securities which represent a right to acquire an underlying security see § 240.13d -3(d)(1).

Item 5. Ownership of Five Percent or Less of a Class.

     If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. o

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

     If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.

     Not Applicable

Page 7 of 13





Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

     If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.

     Not Applicable

Item 8. Identification and Classification of Members of the Group.

     If a group has filed this schedule pursuant to § 240.13d -1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to § 240.13d -1(c) or § 240.13d -1(d), attach an exhibit stating the identity of each member of the group.

     See Exhibit A

Item 9. Notice of Dissolution of Group.

     Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.

     Not Applicable

Item 10. Certifications.

     Not Applicable

Page 8 of 13





SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

February 8, 2007
(Date)
 
/s/ Nam-Ju Kim
(Signature)
 
Nam-Ju Kim, Chief Executive Officer
(Name/Title)

Page 9 of 13





SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

February 8, 2007
(Date)
 
/s/ Ki-Yong Cho
(Signature)
 
Ki-Yong Cho, Chief Creative Officer
(Name/Title)

Page 10 of 13





SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

February 8, 2007
(Date)
 
/s/ Kil-Saup Song
(Signature)
 
Kil-Saup Song, Chief Technology Officer
(Name/Title)

Page 11 of 13





SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

February 8, 2007
(Date)
 
/s/ Won-Seon Kim
(Signature)
 
Won-Seon Kim, Chief Financial Officer
(Name/Title)

Page 12 of 13





Exhibit A

IDENTITY OF EACH MEMBER OF THE GROUP

Name   Principal Occupation
Nam-Ju Kim *   President and Chief Executive Officer and Director (Representative Director) of the Issuer.
     
Ki-Yong Cho *   Vice President, Chief Creative Officer and Director of the Issuer
     
Kil-Saup Song *   Chief Technology Officer and Director of the Issuer
     
Won-Seon Kim *   Chief Financial Officer and Director (Principal Accounting Officer) of the Issuer

* The reporting persons comprise the management of Webzen Inc. and may be deemed to be a “group” within the meaning of Rule 13d-5(b)(1) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

Page 13 of 13

 -----END PRIVACY-ENHANCED MESSAGE-----