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Cube Entertainment Passes Preliminary Screening to Be Listed on KOSDAQ

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2014.12.24 17:57 Newsen Hwang Hye Jin Translation Credit : Yeawon Jung

Cube Entertainment has received an approval from the KOSDAQ’s (Korean Securities Dealers Automated Quotations) preliminary screening.

On December 24, Korea Exchange approved Cube Entertainment’s preliminary screening for the new KOSDAQ market certificate. On December 24, Cube declared its leap as a global contents company by going public on the KOSDAQ market, joining hands with Woori Special Purpose Acquisition Company No. 2 (WooriSpec No. 2).

Cube has discovered and trained global content, such as 4Minute, B2ST, G.Na, BTOB, Trouble Maker, No Ji Hoon, Shin Ji Hoon, Oh Ye Ri and more and currently houses the singer and actor Rain (Jung Ji Hoon), comedian Kim Giri, actor Kwak Seung Nam, Jo Seo Ha and Na Jong Chan. Since it was established in 2008, Cube has become a leading company in the world of K-pop with its systematic training and promotion systems, worldwide networks and strategic alliance.

Cube Entertainment Passes Preliminary Screening to Be Listed on KOSDAQ

Cube began 2014 with a successful comeback of Rain, followed by active promotions of 4Minute, B2ST, BTOB, Hyuna and G.Na in and out of Korea. B2ST, which recorded winning first place on music programs most frequently this year, proved its popularity in Japanese market while BTOB also set outstanding records during its Japan debut. In 2015, Cube will carry out active promotions throughout Asia, which requires the strategic promotions of the Japanese and Chinese markets, and debut a new group with members of different nationalities.

President Hong Seung Sung of Cube Entertainment stated, “Through this KOSDAQ certificate, we’ve gained the power to further develop the internal and external capacities of the global contents, which have been growing steeply since the company’s establishment in 2008,” and added, “We will continue to support the artists’ sustainable growth to set the foundation for the long-term development and focus on strengthening the global competitiveness through diversification of overseas business.”

Photo credit: Cube Entertainment

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