Big Bang's Seungri has been announced as the CEO of YGX; a subsidiary company of YG Entertainment.
On June 4, Yang Hyun Suk shared the news via his Instagram. The maknae of Big Bang has officially become Yang Hyun Suk's business partner, and as the CEO of YGX, Seungri will be in charge of YBX Academy, YGX Entertainment, and NHR.
Yang Hyun Suk described YGX as the "home of the future stars." The grand opening event for the new subsidiary company is set to take place in August.
Meanwhile, Seungri is preparing to make his solo comeback in July.