JYP shares surge on Japanese investment group's proposed stake purchase

NEXROC Group and SVCV said Monday they were considering a tender offer for 25 to 50 percent of JYP Entertainment, sending the company’s shares higher on the Kosdaq market Tuesday. JYP said it had received no acquisition proposal from the investors. The firms said they were aiming to launch the offer on Nov. 20 but cautioned that its price and timetable were not definitive commitments. Questions have been raised about the investors’ identities and ability to finance a deal.

The investors said they were considering offering about 30 percent above a reference share price, while stressing that the price was not a definitive term.

JYP shares opened 6.53 percent higher, rose more than 10 percent during the session and closed up 6.81 percent; they had gained 14.38 percent in Monday’s after-hours trading on Nextrade.

A 50 percent stake in JYP was valued at about 750 billion won ($566 million) based on the company’s market capitalization.

NEXROC identifies February 2026 as its founding date, and U.S. Securities and Exchange Commission records show an entity associated with SVCV was established in New York in 2024.

NEXROC announced acquisition plans involving at least five companies in Korea, the United States, Japan and Australia over the previous three weeks, including publicly listed life insurers in the United States and Australia.

Published Oct 27, 2026 4:18 pm KST

Questions surround investors as entertainment giant says it received no offer

Park Jin-young, founder of JYP Entertainment and co-chair of the Presidential Committee on Popular Culture Exchange, speaks during a parliamentary audit at the National Assembly in Seoul, Oct. 7. Yonhap

JYP Entertainment shares jumped Tuesday after two little-known investors announced a potential tender offer for up to half of the K-pop company, prompting questions about their identities and ability to finance the purchase.

NEXROC Group, which describes itself as a Japanese investment group, and SVCV said the previous day that they were considering buying between 25 and 50 percent of JYP’s outstanding shares.

The K-pop agency behind major global acts such as Stray Kids and TWICE said it had not received any acquisition proposal from them.

JYP shares opened 6.53 percent higher on the Kosdaq market and rose more than 10 percent during the session. They later gave up some of those gains to close 6.81 percent higher.

The stock had already climbed in Monday’s after-hours trading on Nextrade following news of the proposed offer, finishing 14.38 percent above its regular-session close.

In a Korean-language press release, NEXROC and SVCV said they were considering offering about 30 percent above a reference share price and aiming to launch the tender offer on Nov. 20.

The companies cautioned, however, that the price and timetable were not definitive terms or a commitment to proceed. They added that their announcement did not indicate any approval or support from JYP or its board.

JYP said, “We have not received any proposal from the companies concerning an acquisition of a stake in JYP.”

K-pop group Stray Kids members Hyunjin, left, and Han perform during the last week of the Rock in Rio music festival at the Rio 2016 Olympic Park in Rio de Janeiro, Brazil, Sept. 12. AFP-Yonhap

Neither firm is widely known among Korean retail investors. NEXROC describes itself on its website as an investment and holding company, while SVCV says it invests in fashion, media and entertainment.

NEXROC identifies February 2026 as the group’s founding date. U.S. Securities and Exchange Commission records show that an entity associated with SVCV was established in New York in 2024.

Industry observers have questioned why the companies disclosed a proposed timetable and premium before making an offer. An early announcement can drive up the target’s share price and make an acquisition more expensive, as the rise in JYP shares has shown.

“It seems unusual to announce the timing of a tender offer and the size of the premium a month in advance,” a financial investment industry official said.

The companies’ capacity to fund a deal is also under scrutiny.

Based on JYP’s market capitalization, a 50 percent stake is worth about 750 billion won ($566 million). Yet publicly available information does not clearly establish where the companies would obtain the funds, which entity would purchase the shares or what experience they have in mergers and acquisitions.

NEXROC has announced acquisition plans involving at least five companies in Korea, the United States, Japan and Australia over the past three weeks, including publicly listed life insurers in the United States and Australia.

An Australian insurance industry publication also described NEXROC as largely unknown in the country’s insurance sector and noted that it had disclosed neither the target’s identity nor a detailed financing plan.

A tender offer announcement can move a target company’s stock, making the prospective buyer’s financial resources and ability to complete a deal key considerations.

NEXROC has said it aims to begin the acquisition process for the U.S. and Australian insurers by Nov. 10, ahead of its Nov. 20 target for the JYP offer.

Airline, entertainment, construction stocks left out of KOSPI rally

TWICE's Jihyo leaves JYP after 21 years to launch own agency

NEXROC集团和SVCV周一表示，他们正在考虑对JYP娱乐公司​​25%至50%的股份发起要约收购，消息一出，JYP娱乐股价周二在韩国创业板（Kosdaq）上涨。JYP娱乐则表示尚未收到任何投资者的收购提议。两家公司表示，他们计划于11月20日启动要约收购，但同时强调，价格和时间表并非最终承诺。目前，外界对投资者的身份以及其融资能力提出了质疑。

投资者表示，他们正在考虑以高于参考股价约 30% 的价格进行收购，同时强调该价格并非最终价格。

JYP股票开盘上涨6.53%，盘中涨幅超过10%，最终收涨6.81%；周一在Nextrade的盘后交易中，该股上涨了14.38%。

根据该公司的市值计算，JYP 50% 的股份价值约为 7500 亿韩元（5.66 亿美元）。

NEXROC 将 2026 年 2 月确定为公司成立日期，而美国证券交易委员会的记录显示，与 SVCV 相关的实体于 2024 年在纽约成立。

在过去三周内，NEXROC 宣布了至少涉及韩国、美国、日本和澳大利亚五家公司的收购计划，其中包括美国和澳大利亚的上市人寿保险公司。

发布于2026年10月27日下午4:18（韩国标准时间）

这家娱乐巨头表示未收到任何要约，投资者对此充满疑虑。

10月7日，JYP娱乐公司​​创始人、总统大众文化交流委员会联席委员长朴振英在首尔国会出席国会听证会并发表讲话。（韩联社）

周二，两名鲜为人知的投资者宣布可能对韩国流行音乐公司 JYP Entertainment 进行高达一半的股份收购，引发了人们对他们的身份以及是否有能力进行收购的疑问，JYP Entertainment 的股价应声上涨。

自称日本投资集团的 NEXROC 集团和 SVCV 前一天表示，他们正在考虑收购 JYP 已发行股份的 25% 至 50%。

这家旗下拥有 Stray Kids 和 TWICE 等全球知名艺人的韩国流行音乐经纪公司表示，他们尚未收到任何来自他们的收购提议。

JYP股票在韩国创业板（Kosdaq）开盘上涨6.53%，盘中一度上涨超过10%。随后涨幅有所回落，最终收涨6.81%。

周一盘后交易中，受收购要约消息的影响，该股在 Nextrade 交易所已经上涨，最终收盘价比常规交易时段收盘价高出 14.38%。

NEXROC 和 SVCV 在一份韩语新闻稿中表示，他们正在考虑以高于参考股价 30% 的价格进行收购，并计划于 11 月 20 日启动要约收购。

不过，两家公司也谨慎地表示，价格和时间表并非最终条款，也不构成任何推进项目的承诺。他们还补充说，此次声明并不代表JYP娱乐公司​​或其董事会的任何批准或支持。

JYP表示：“我们尚未收到任何公司提出的收购JYP股份的提议。”

9月12日，韩国流行音乐组合Stray Kids成员铉辰（左）和韩在巴西里约热内卢2016年里约奥林匹克公园举行的“摇滚里约”音乐节最后一周进行表演。（法新社-韩联社）

这两家公司在韩国散户投资者中都鲜为人知。NEXROC在其网站上自称是一家投资控股公司，而SVCV则表示其投资领域涵盖时尚、媒体和娱乐。

NEXROC 将 2026 年 2 月认定为该集团的成立日期。美国证券交易委员会的记录显示，与 SVCV 相关的实体于 2024 年在纽约成立。

业内人士质疑，为何这些公司在正式提出收购要约前要约人选需披露拟议时间表和溢价。正如JYP股价上涨所表明的那样，提前公布计划可能会推高目标公司的股价，从而增加收购成本。

一位金融投资行业官员表示：“提前一个月宣布要约收购的时间和溢价幅度，这似乎不太寻常。”

这些公司是否有能力为交易提供资金也受到审查。

根据JYP的市值计算，50%的股份价值约7500亿韩元（约合5.66亿美元）。然而，公开信息并未明确说明这些公司将从何处筹集资金，由哪个实体购买股份，以及它们在并购方面有哪些经验。

在过去三周里，NEXROC 宣布了至少涉及韩国、美国、日本和澳大利亚五家公司的收购计划，其中包括美国和澳大利亚的上市人寿保险公司。

澳大利亚保险业出版物也指出，NEXROC 在该国保险业中鲜为人知，并指出该公司既没有披露目标公司的身份，也没有披露详细的融资计划。

要约收购公告可能会影响目标公司的股价，因此潜在买家的财务资源和完成交易的能力是关键的考虑因素。

NEXROC表示，计划在11月10日之前启动对美国和澳大利亚保险公司的收购流程，比其11月20日对JYP的收购要约目标日期提前。

航空、娱乐、建筑类股未能参与韩国综合股价指数(KOSPI)的上涨行情。

TWICE成员志效在效力JYP娱乐21年后离开，创立了自己的经纪公司。