AdvertisementAdvertisementBusiness27 Oct 2026 08:52AM (Updated: 27 Oct 2026 09:15AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST SEOUL, Oct 27 : South Korean pop music agency JYP Entertainment's shares rallied on Tuesday, jumping 10 per cent after Korean media reported Japan's Nexroc Group and SVCV Inc were planning to announce a tender offer to buy up to a 50 per cent stake in the company.The 50 per cent stake is worth about 700 billion won ($528.04 million) based on JYP's current market capitalisation.JYP said it has not received a tender offer.Nexroc was not immediately available to comment.($1 = 1,325.6500 won)Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST