[E-Daily Reporter Hyera Lee ] Kakao Games Corp.(293490)announced on the 8th that it has decided to cancel 500,000 common shares to enhance shareholder value. The estimated amount for the cancellation is 29,856,959,236 won, and the scheduled cancellation date is the 15th. The shares to be canceled are treasury shares previously acquired by the company. As a result of the cancellation, the total number of issued shares will decrease from 107,245,265 to 106,745,265.