Saudi Arabian Game Company (EGDC) Controlling Shareholder of SNK Stock

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Saudi Crown Prince Mohammed Bin Salman owns EGDC
On the 26th, SNK signed a stock transfer agreement with Saudi Arabian game company'Electronic Gaming Development Company (EGDC)', which entails a change of the largest shareholder. Through this, SNK shares purchased by EGDC amounted to 6,06,579,98, and the transfer price alone amounted to 207.3 billion, 4572 million won. The related transfer agreement will also include 94,7781 shares of China's Perfect World, the current second largest shareholder.
 
You think they want SNK to make games for their markets or is it just an investment?
 
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