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[Trans] 091210 10,000,000,000 yuan for Lee Soo Man

Wednesday, December 9, 2009 at 8:12 PM

The biggest and most influential entertainment company in Korea, SM, their biggest shareholder Lee Soo Man receives 10,216,162,250 yuan.

Holding 4,301,524 (26.75%) SM shares, president Lee Soo Man creates a record for company’s stock price increase to 3970 yuan. There was an increase from year’s first trading day’s, January 2nd, 1595 yuan to 2000 yuan, and there is hope to surpass an increase of 10,000,000,000 yuan.

At the same time, SM along with the five member group DBSK’s Hero Jaejoong, Xiah Junsu, and Micky Yoochun are in a legal dispute. This entire year, BoA, SNSD, Super Junior, SHINee, F(x) and other group from this company are active domestically and abroad, so there it is not unusual for this increase.

source: Naver
credit: crystal秀晶
trans: sharingyoochun@wordpress.com

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