Her agency responded to reports that actress Yoon Jung-hee owns 4.7 billion won in SM Entertainment shares.
Ilgan Sports said on December 5 that Sublime said, “It’s difficult to confirm as it’s a personal investment.”
According to a media site, Yoon Jung-hee, the wife of Lee Jun-ho, who was charged with manipulating SM Entertainment’s stock price, had 67,751 shares at the end of last year.
Market price for 67,751 SM Entertainment shares was 4.7 billion won. This is significant for an individual investor. It also highlights that Kakao, the parent firm of Lee Jun-ho’s Kakao Entertainment, has been trying to acquire SM Entertainment since 2021. Kakao and Kakao Entertainment acquired SM Entertainment’s management rights this year.
Before, Lee Jun-ho was arrested on suspicion of conspiring with Kakao Entertainment CEO Kim Sung-soo to buy a production business Yoon Jung-hee invested in to profit from the stock price. Yoon Jung-hee invested in the production company but is a witness.
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