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Chinese Group Invests US$209 mln in FNC Entertainment

Chinese Group Invests US$209 mln in FNC Entertainment

SEOUL, Nov. 23 (Korea Bizwire) – A subsidiary of Chinese conglomerate Suning Universal has decided to invest US$209 million in FNC Entertainment, the South Korean entertainment agency said Monday. FNC Entertainment said it will issue about 1.7 million new shares to Suning Universal Media Co. to raise 336.9 billion won (US$290.8 million) in capital. “Through [...]

AOA to Unveil New EP in Japan

AOA to Unveil New EP in Japan

SEOUL, July 29 (Korea Bizwire) — South Korean girl group AOA was scheduled to release its third Japanese EP on Wednesday, its management agency said. “Mune Kyun,” the Japanese version of the latest EP, “Heart Attack,” contains the title track of the same name along with “Confused” and “Joa Yo!” in Japanese translation, FNC Entertainment said. The [...]