Singapore- based Evergreen Group Holdings has actually exposed strategies to invest regarding 10 billion South Korean won (approx. USD $7.5 million) in K-Pop enjoyment company Attrakt.
That’s according to numerous records from regional South Korean information electrical outlets, pointing out a news release from Evergreen.
Evergreen, a business with passions in industries extending hardwood to money, is led by chief executive officer David Yong.
As kept in mind by The Korea Herald, David Yong is additionally a K-pop vocalist, as well as launched the solitary In My Pocket, in 2015.
The financial investment arrangement in between Evergreen as well as Attrakt was supposedly defined via a memorandum of comprehending joined August 25.
Evergreen has actually promised to invest 10 billion South Korean Won by the end of September.
Separately, Korea JoongAng Daily reported, pointing out a news release from Attrakt, that the company was valued at 60 billion South Korea won (approx $45m) when it obtained …