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Posted by emmamadison2411,004 pts Monday, December 30, 2019

Yang Hyun Suk reportedly sold some of his shares in YG Plus to his younger brother Yang Min Suk, netizens react

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YG Plus, a KOSPI listed company, made a public announcement on the 30th that its share ownership ratio of its CEO Yang Min Suk increased from 4.45% to 11.88%.

The company explained that its shareholders Yang Min Suk bought 4,385,964 shares of common shares over the counter from his brother Yang Hyun Suk.

As a result, Yang Hyun Suk, former CEO of YG Entertainment, will have minority shares at YG Plus as his total stake in the company has been reduced to 0.62%.

The largest shareholder of YG Plus is now YG Entertainment (the company) with a 37.63% stake, followed by YG Plus CEO and Yang Hyun Suk's brother Yang Min Suk.

YG Plus is an affiliate of YG Entertainment and has major businesses including manufacturing and distribution sales as well being an advertising agency for YG artists.

  1. [+70, -12] The whole family are dogs..
  2. [+49, -4] They're playing with the shareholder list like they're just buying a car
  3. [+28, -1] I'm sure he'll be getting kickbacks in the back anyway...how much did you pay to bury the investigations? Do you think you can quiet the rumors so easily..
  4. [+18, -2] It's going right back in anyway ㅋ
  5. [+13, -1] Who's behind you that even this guy doesn't get punished?
  6. [+7, -1] Aren't you embarrassed?
  7. [+6, -1] Let's all join in and boycott YG~~
  8. [+1, -0] They're brothers...what do you mean ㅋㅋ
  1. Yang Hyun Suk
41 12,241 Share 38% Upvoted

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newme304 pts Monday, December 30, 2019 19
Monday, December 30, 2019

Girl your hate towards YG is becoming an obsession at this point. Yes I created an account just to write this! Get help

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4

Mitch1493 pts Monday, December 30, 2019 0
Monday, December 30, 2019

so he's not allowed to sell his shares now? so his brother is now evil as well for buying shares..good lord

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