YG PLUS shared that the percentage of shares in the company owned by CEO Yang Min Suk has increased from 4.45 percent to 11.88 percent, as of December 24. YG PLUS is a subsidiary of YG Entertainment and it is listed on the Korea Composite Stock Price Index (KOSPI). YG PLUS focuses on the production… Continue reading Yang Hyun Suk Sells Shares In YG PLUS To Brother Yang Min Suk
Tag: Yang Hyun Suk
Prosecution Revealed To Have Closed Case On Yang Hyun Suk’s Prostitution Mediation Suspicions
The prosecution has concluded that they cannot charge Yang Hyun Suk with mediating prostitution. Previously, Seoul Metropolitan Police Agency’s Provincial Special Detective Division revealed plans to forward a recommendation of non-indictment for Yang Hyun Suk regarding suspicions of mediating prostitution. After the search and seizure investigation of YG Entertainment’s financial accounts, police sources revealed that while they found money… Continue reading Prosecution Revealed To Have Closed Case On Yang Hyun Suk’s Prostitution Mediation Suspicions
Yang Hyun Suk Questioned By Police On Charges Of Covering Up Past Drug Incident Involving B.I
Yang Hyun Suk, the former head of YG Entertainment, has completed police questioning regarding allegations that he covered up a drug incident involving former iKON member B.I in 2016. He is currently under suspicion of threatening “A” to change her testimony that she made when she alleged that B.I purchased and ingested drugs in 2016. He… Continue reading Yang Hyun Suk Questioned By Police On Charges Of Covering Up Past Drug Incident Involving B.I
Update: Yang Hyun Suk Booked By Police Regarding Suspicions Of Covering Up B.I’s Past Drug Incident
Updated November 6 KST: The Gyeonggi Southern Provincial Police Agency revealed that Yang Hyun Suk has been officially booked on charges of threatening, instigating the harboring of a suspect, and for occupational breach of trust. Yang Hyun Suk was summoned for police questioning on the morning of November 6 but did not attend, and he expressed… Continue reading Update: Yang Hyun Suk Booked By Police Regarding Suspicions Of Covering Up B.I’s Past Drug Incident
Yang Hyun Suk And Seungri To Be Forwarded To Prosecution On Charges Of Habitual Gambling
The police will be forwarding former YG Entertainment CEO Yang Hyun Suk and Seungri to the prosecution on charges of habitual gambling. According to the police on October 31, the Sophisticated Crime Investigation Division of the Seoul Metropolitan Police Agency, which has been investigating the case since August, will be forwarding both men to the prosecution on… Continue reading Yang Hyun Suk And Seungri To Be Forwarded To Prosecution On Charges Of Habitual Gambling
Police States Intention To Wrap Up Case Involving Yang Hyun Suk And Seungri Within The Month
The police have stated their intentions to wrap up the investigation into Yang Hyun Suk and Seungri within this month. During the regular press conference held with reporters, a source from the police stated, “We have concluded all of our investigation of Yang Hyun Suk and Seungri. We are currently in the process of analyzing… Continue reading Police States Intention To Wrap Up Case Involving Yang Hyun Suk And Seungri Within The Month
Yang Hyun Suk Returns To Instagram For 1st Time Since Leaving YG Entertainment
YG Entertainment founder Yang Hyun Suk has returned to Instagram for the first time in over seven months. On October 11, Yang Hyun Suk made his first post on the social media platform since March 6. The former YG executive shared a photo from the wedding of Dami Kwon—the sister of BIGBANG’s G-Dragon—and actor Kim… Continue reading Yang Hyun Suk Returns To Instagram For 1st Time Since Leaving YG Entertainment
Yang Hyun Suk Completes 2nd Round Of Questioning For Gambling Suspicions
Former YG Entertainment CEO Yang Hyun Suk has completed his second round of police questioning for gambling suspicions. He was summoned for questioning at 10 a.m. on October 1 and left the station roughly 14 hours later, at just past midnight on October 2. To the reporters outside the station, Yang Hyun Suk said, “I… Continue reading Yang Hyun Suk Completes 2nd Round Of Questioning For Gambling Suspicions
Police Say They Can’t Find Evidence Of Yang Hyun Suk Mediating Prostitution
On September 20, Seoul Metropolitan Police Agency’s Provincial Special Detective Division revealed their plans to forward a recommendation of non-indictment for Yang Hyun Suk regarding suspicions of mediating prostitution. Yang Hyun Suk as well as the three other individuals who were booked on suspicions of prostitution mediation will have a recommendation of non-indictment forwarded to… Continue reading Police Say They Can’t Find Evidence Of Yang Hyun Suk Mediating Prostitution
Yang Hyun Suk And YG Reportedly Being Fined 6 Billion Won In Additional Taxes
According to Etoday, the National Tax Service will charge Yang Hyun Suk and YG Entertainment additional fees of approximately 6 billion won (approximately $5.1 million). The National Tax Service conducted a special tax investigation on Yang Hyun Suk and YG Entertainment for approximately six months starting this March until late August. After wrapping up the… Continue reading Yang Hyun Suk And YG Reportedly Being Fined 6 Billion Won In Additional Taxes