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[THE INVESTOR] DreamT Entertainment, home to a four-member K-pop girl group Girl’s Day, plans to voluntarily delist from KONEX, the country’s stock exchange for start-ups and SMEs, to join the secondary KOSDAQ on Nov. 18.
“As the company has started working on TV drama production, we expect additional revenue from our diversified business portfolio,” a Dreamt Entertainment official said.
He blamed KONEX market’s low trading volume for the venue change, saying its corporate value has been “underestimated” in the market.
The midsized entertainment agency went public on the KONEX in June 2015.
Established in 2009, Dreamt Entertainment has two key subsidiaries -- smaller entertainment management firm YMC Entertainment and performance organizer Show 21.
By Park Han-na (hnpark@heraldcorp.com)
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Articles by Korea Herald
