FIRST FOR K-POP & KOREAN CELEBRITY NEWS

Son of China's Wealthiest Man Signs T-ara to New Record Label: Report

August 20, 2015 at 2:30 pm EDT

Girl group T-ara may be joining a new record label run by the son of the wealthiest man in China, according to a new report.

Chinese news outlet Sina has reported that Wang Sicong -- son of China's current wealthiest man Wang Jianlin -- is setting up a new entertainment agency and his first signing will be K-pop group T-ara.

Rumor has it that Wang’s son is launching his agency under the name of Banana Plan and that the girl group signing has come about after a year of consideration and discussions.

Son of China's richest man Wang Sicong (center) is setting up a new entertainment agency and is said to have signed up T-ara

Son of China's richest man Wang Sicong (center) is setting up a new entertainment agency and is said to have signed up T-ara

The wealthy heir’s liking for the "Roly Poly" girl group is already widely known after he paid the girls $250,000 to perform at a private concert for his 27th birthday at a resort in Sanya, China, earlier this year.

Stay in the know about T-ara by following IdolWow! on Twitter

If rumors are true then each T-ara member has been offered their own Ferrari as a signing bonus and that Wang Sicong has also paid a large sum to T-ara’s Korean managing agency MBK Entertainment in return for handing over representation of the band. (MBK Entertainment have yet to comment).

Share your reaction!
0 0 0 0 0
Tags: