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South Korea $7.7 Billion Entertainment Giant & Boy Band BTS Agency HYBE Corporation Offices Raided by Police for IPO & Share Trading Investigation, HYBE Founder, Chairman & Largest Shareholder Bang Si-hyuk Placed under Investigation, Reports of Bang Si-hyuk & Executives Deceived Investors to Sell Their Shares Before IPO to an Investment Company Controlled by Them, Founded in 2005 by Bang Si-hyuk as Big Hit Entertainment, IPO on Korea Exchange (KRX) in 2020, Bang Si-hyuk is Billionaire with $2.5 Billion Fortune, Current Market Value at $7.7 Billion, Share Price +30% YTD, +50.3% Last 12 Months & +29.2% Last 5 Years
25th July | Hong Kong
South Korea entertainment giant & boy band BTS agency HYBE Corporation ($7.7 billion market value) offices had been raided by police for IPO & share trading investigation. HYBE founder, Chairman & largest shareholder Bang Si-hyuk has been placed under investigation, with reports of Bang Si-hyuk & executives deceiving investors to sell their shares before IPO to an investment company controlled by them. HYBE was founded in 2005 by Bang Si-hyuk as Big Hit Entertainment. HYBE IPO on Korea Exchange (KRX) in 2020. Bang Si-hyuk is a billionaire with $2.5 billion fortune. HYBE current market value at $7.7 billion, share price +30% ytd, +50.3% last 12 months & +29.2% last 5 years.
“ South Korea $7.7 Billion Entertainment Giant & Boy Band BTS Agency HYBE Corporation Offices Raided by Police for IPO & Share Trading Investigation, HYBE Founder, Chairman & Largest Shareholder Bang Si-hyuk Placed under Investigation, Reports of Bang Si-hyuk & Executives Deceived Investors to Sell Their Shares Before IPO to an Investment Company Controlled by Them, Founded in 2005 by Bang Si-hyuk as Big Hit Entertainment, IPO on Korea Exchange (KRX) in 2020, Bang Si-hyuk is Billionaire with $2.5 Billion Fortune, Current Market Value at $7.7 Billion, Share Price +30% YTD, +50.3% Last 12 Months & +29.2% Last 5 Years “
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South Korea $7.7 Billion Entertainment Giant & Boy Band BTS Agency HYBE Corporation Offices Raided by Police for IPO & Share Trading Investigation, HYBE Founder, Chairman & Largest Shareholder Bang Si-hyuk Placed under Investigation, Reports of Bang Si-hyuk & Executives Deceived Investors to Sell Their Shares Before IPO to an Investment Company Controlled by Them, Founded in 2005 by Bang Si-hyuk as Big Hit Entertainment, IPO on Korea Exchange (KRX) in 2020, Bang Si-hyuk is Billionaire with $2.5 Billion Fortune, Current Market Value at $7.7 Billion, Share Price +30% YTD, +50.3% Last 12 Months & +29.2% Last 5 Years
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