Big Hit Entertainment has provided their leak regarding Jin BTS's enlistment plan.
On Wednesday (02/09), Big Hit Entertainment sent a share report to the Financial Services Commission after being listed on the Korea Composite Stock Price Index (KOSPI).
Through this report, Big Hit Entertainment provides information regarding BTS members' military service plans, which in turn can affect stock prices after the IPO or going public.
The part that attracted the most attention was the enlistment plan of the oldest member of BTS, who was none other than Jin. As written in the report, “BTS is a group that has members born from 1992 to 1997 and all of them can undergo military service as active soldiers. We are confident that we can postpone Jin's planned enlistment until the end of 2021. "
Big Hit added, "In anticipation of things like military service, illness or accidents, we continue to expand sales of merchandise and video content that do not involve the artist's direct activities."
"In order to reduce sales losses due to the vacancy of large artist activities, we plan to prepare a lot of pre-production content, such as album video content and flexible artist management for active members," explained the agency.
Previously, Big Hit Entertainment's valuation after the IPO was estimated to reach 4 trillion Won or around 50 trillion Rupiah at the current exchange rate. (www.kpopchart.net)
On Wednesday (02/09), Big Hit Entertainment sent a share report to the Financial Services Commission after being listed on the Korea Composite Stock Price Index (KOSPI).
Through this report, Big Hit Entertainment provides information regarding BTS members' military service plans, which in turn can affect stock prices after the IPO or going public.
The part that attracted the most attention was the enlistment plan of the oldest member of BTS, who was none other than Jin. As written in the report, “BTS is a group that has members born from 1992 to 1997 and all of them can undergo military service as active soldiers. We are confident that we can postpone Jin's planned enlistment until the end of 2021. "
Big Hit added, "In anticipation of things like military service, illness or accidents, we continue to expand sales of merchandise and video content that do not involve the artist's direct activities."
"In order to reduce sales losses due to the vacancy of large artist activities, we plan to prepare a lot of pre-production content, such as album video content and flexible artist management for active members," explained the agency.
Previously, Big Hit Entertainment's valuation after the IPO was estimated to reach 4 trillion Won or around 50 trillion Rupiah at the current exchange rate. (www.kpopchart.net)
