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Lee Soo Man Sells All His Remaining SM Entertainment Shares To HYBE
Summary by Koreaboo
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Jay Chou sells all shares of SM Entertainment. HYBE announced on the 28th that it has acquired an additional 8,689,480 shares (3.68%) of SM Entertainment for 104.2 billion 730 million won. The price per share is 12 million won, which is about 50% higher than the closing price of 7,950 won on the 28th. Jay Chou owned all the SM shares.
·Seoul, Korea (the Republic of)
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