Star Plus Legend Invests $8 Million in Fund Led by CEO's Entity

MT Newswires Live

Nov 03

Star Plus Legend (HKG:6683) invested $8 million for a 16% interest in an industry fund managed by an entity wholly owned by its chief executive officer, according to a Monday Hong Kong bourse filing.

The $50 million fund was the lead investor in the pre-IPO financing of Galaxy Corporation, a Korean entertainment company managing artists including G-Dragon and Kim Jong-kook, the filing said.

The fund has taken a stake of no more than 7% in Galaxy's issued share capital, it added.

Star Plus Legend said the investment will help the group create synergies with portfolio companies in content co-production, licensing, and IP development while avoiding material liquidity risks.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2580409256"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2580409256\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2580409256?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-03 10:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2580409256","market":"us","top_or_hot":-1,"title":"Star Plus Legend Invests $8 Million in Fund Led by CEO's Entity","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/SGU\">Star</a> Plus Legend (HKG:6683) invested $8 million for a 16% interest in an industry fund managed by an entity wholly owned by its chief executive officer, according to a Monday Hong Kong bourse filing.</p><p>The $50 million fund was the lead investor in the pre-IPO financing of Galaxy Corporation, a Korean entertainment company managing artists including G-Dragon and Kim Jong-kook, the filing said.</p><p>The fund has taken a stake of no more than 7% in Galaxy's issued share capital, it added.</p><p>Star Plus Legend said the investment will help the group create synergies with portfolio companies in content co-production, licensing, and IP development while avoiding material liquidity risks.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Star Plus Legend Invests $8 Million in Fund Led by CEO's Entity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStar Plus Legend Invests $8 Million in Fund Led by CEO's Entity\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-11-03 10:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/SGU\">Star</a> Plus Legend (HKG:6683) invested $8 million for a 16% interest in an industry fund managed by an entity wholly owned by its chief executive officer, according to a Monday Hong Kong bourse filing.</p><p>The $50 million fund was the lead investor in the pre-IPO financing of Galaxy Corporation, a Korean entertainment company managing artists including G-Dragon and Kim Jong-kook, the filing said.</p><p>The fund has taken a stake of no more than 7% in Galaxy's issued share capital, it added.</p><p>Star Plus Legend said the investment will help the group create synergies with portfolio companies in content co-production, licensing, and IP development while avoiding material liquidity risks.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1237","symbol_name":"包装食品与肉类","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2580409256","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2580409256","pubTimestamp":1762136082,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Star Plus Legend  invested $8 million for a 16% interest in an industry fund managed by an entity wholly owned by its chief executive officer, according to a Monday Hong Kong bourse filing.The $50 million fund was the lead investor in the pre-IPO financing of Galaxy Corporation, a Korean entertainment company managing artists including G-Dragon and Kim Jong-kook, the filing said.The fund has taken a stake of no more than 7% in Galaxy's issued share capital, it added.Star Plus Legend said the investment will help the group create synergies with portfolio companies in content co-production, licensing, and IP development while avoiding material liquidity risks.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1237":"包装食品与肉类","06683":"巨星传奇"},"translate_title":"Star Plus Legend向首席执行官实体领导的基金投资800万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06683":1},"content_text":"Star Plus Legend (HKG:6683) invested $8 million for a 16% interest in an industry fund managed by an entity wholly owned by its chief executive officer, according to a Monday Hong Kong bourse filing.The $50 million fund was the lead investor in the pre-IPO financing of Galaxy Corporation, a Korean entertainment company managing artists including G-Dragon and Kim Jong-kook, the filing said.The fund has taken a stake of no more than 7% in Galaxy's issued share capital, it added.Star Plus Legend said the investment will help the group create synergies with portfolio companies in content co-production, licensing, and IP development while avoiding material liquidity risks.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}