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JYP stake plan draws regulator scrutiny
A Japan-linked investment group, The NEXROC and SVCV, announced plans to pursue a tender offer for up to half of JYP Entertainment, sending shares up about 7% on October 27. JYP said it has received no such proposal, and regulators are watching closely. The Financial Supervisory Service called the pre-announcement "very unusual" and said it will launch a probe if unfair trading is suspected, while the Korea Exchange is also monitoring the situation. Yonhap reports the FSS is watching for abnormal trading and legal violations, and Maeil Business notes questions over whether the buyers can finance the purchase and who they really are.
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- 당국 'JYP 공개매수' 예의주시…"불공정거래 의심 시 조사착수"
- [공식] JYP엔터테인먼트, 日지분 인수설에 “제안 받은 바 없다”
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