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News
Posted by Susan-Han 20 days ago

Kakao Entertainment confirms that Yoo Jae Suk is now a shareholder of the company

AKP STAFF

On November 16, a representative of Kakao Entertainment confirmed that Yoo Jae Suk has become a shareholder of the company after its most recent capital increase. 

Previously, it was reported that musician/producer Yoo Hee Yeol had invested $5.9 million USD in Kakao Entertainment after selling the entirety of his own company, Antenna, to Kakao, in a strategic exchange. This report also alleged that Yoo Jae Suk, who was recently recruited to Antenna by Yoo Hee Yeol, had ultimately turned down the capital increase offer, as he wanted to focus on his main career instead. 

However, according to Kakao, Yoo Jae Suk actually agreed to the offer back in October of this year as a partner of Yoo Hee Yeol and Antenna. Kakao will not be publicizing the exact amount of Yoo Jae Suk's shares in the company in order to protect the artist's privacy. 

  1. Yoo Hee Yeol
  2. Yoo Jae Suk
10 42,340 Share 96% Upvoted

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Ermant
Ermant48 pts 20 days ago 1
20 days ago

Maybe jsj gonna be noisy about this in rm saying "yahh jaesuk-ah why u buy kakao stock without telling me u punk.." hahaha..

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Winston
Winston6,584 pts 20 days ago 0
20 days ago

i remember when Hangout with Yoo had an epsiode where Yu Jae Suk met up with some independent stock investors, he told them he has bought some shares, but he stay away from things he has no knowledge of like crypto and industries like bio etc.. looks like his investment in Kakao and Antenna is doing well..

as he once joked to Yu Hui Yeol on Hangout with Yoo, he joked that he might buy over his company one day..

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