YG Entertainment Inc. signed a contract to acquire an additional 5.05% stake in Phoenix Holdings Inc. (KOSE:A037270) from Suk-Gyu Hong, Yeong Sik Wong and Yoon-Sun Choi on November 17, 2014. YG Entertainment Inc. is acquiring 0.3 million shares from Suk-Gyu Hong, 0.18 million shares from Yeong Sik Won and 0.12 million shares from Yoon-Sun Choi.

YG Entertainment Inc. cancelled the acquisition of an additional 5.05% stake in Phoenix Holdings Inc. (KOSE:A037270) from Suk-Gyu Hong, Yeong Sik Wong and Yoon-Sun Choi on November 17, 2015.