Big Hit Entertainment Responds to Rumors of Bang Shi Hyuk Selling Stocks up to Rp. 812 Billion

Eka P
1 minute read
Big Hit Entertainment Responds to Rumors of Bang Shi Hyuk Selling Stocks up to Rp. 812 Billion - Bang Si Hyuk reportedly sells his shares at Big Hit Entertainment up to 7.8 percent.

Bang Si Hyuk reportedly sells his shares at Big Hit Entertainment up to 7.8 percent.
Big Hit Entertainment is currently becoming one of the biggest agencies in South Korea. Naturally, the Bangtan Boys agency was often hit by rumors of stock sales.

On Monday (25/3), local media reported that Bang Shi Hyuk had sold shares of around 7.8 percent. The boss of the Rap Monster (RM) cs gets around 65 billion won (around Rp. 812 billion).

Because of this, Bang Shi Hyuk's share ownership in Big Hit Entertainment from 50.88 percent was reported to be 43.6 percent. Media also reported that shareholders had agreed that the sale of Bang Shi Hyuk's shares could benefit agency development.

On the same day, Big Hit Entertainment immediately responded to the media report. "CEO Bang's sales report is incorrect," said the agency representative.

When confirmed whether there was a difference in the presentation of the shares sold, Big Hit Entertainment's representatives replied, "We cannot confirm the specific details of this issue."

On the other hand, if Bang Shi Hyuk really sells his shares, he still maintains his position as Big Hit Entertainment's biggest shareholder. The TXT agency previously received investments of 201.4 billion won (around Rp 2.5 trillion from last year's Netmarble Games and surpassed 25.71 percent of its total shares (445,882) at the agency. Then there is the Stick Investment, which invested 104 billion won ( around Rp 1.3 trillion) with a share of 12.24 percent.

Source: wowkeren.com
May 30, 2025