Lim Chang-jeong and CEO Ra Deok-yeon also accompanied the Japanese golf course.
Lim Chang-jeong and CEO Ra Deok-yeon also accompanied the Japanese golf course.
It was revealed that singer Lim Chang-jung received a 'golf entertainment' offer from CEO Ra Deok-yeon, who was pointed out as the main culprit of the stock market crash, and also visited Japan.

As a result of Ten Asia's coverage on the 4th, Lim Chang-jung's side revealed that he recently visited a Japanese golf course to appear and plan a golf entertainment show. Representative Ra also accompanied this event.

In addition to the trip to California, USA, which was reported on the 2nd, the company also went on a preliminary tour of a golf course with CEO Ra. Lim Chang-jung's side reported that CEO Ra asked Lim Chang-jung, who has experience in planning girl groups and album production, to go with him.

Initially, Lim Chang-jeong was suspected of being present when CEO Ra signed a contract for an American golf course. It was an opportunity to further increase suspicion that they were not de facto business partners. However, Lim Chang-jeong's side drew a line, saying that it was for a golf entertainment field trip. There was a response from the entertainment industry that they couldn't understand it. People were asking why a golf entertainment contestant was going on a field trip.

As a result of this paper's coverage, Lim Chang-jeong attended the event as a program planner, not just a performer. This means that he was a participant in the golf entertainment show and was in charge of planning it at the same time. Even if it is not an investment partner, it has at least developed into a partnership in the entertainment industry.

The golf entertainment show, which started with CEO Ra's idea, has currently finished filming its second episode. Lim Chang-jung recently completed filming in two locations: Seoul and Yeosu. However, due to this controversy, the first broadcast was postponed indefinitely. It is said that Lim Chang-jung was supposed to receive an appearance fee of 10 million won per episode.

Starting from the 24th of last month, eight stocks, including Seoul Gas, Daesung Holdings, Samchully, Sunkwang, Sebang, Dow Data, Daol Investment & Securities, and Harim Holdings, were put up for sale through the foreign securities company Societe Generale (SG) Securities, causing a slump. In the background, suspicions were raised that there were forces manipulating stock prices, and that they had engaged in 'controlled trading' by opening mobile phones in the investor's name to make proxy investments and driving up stock prices through trading between insiders.

Lim Chang-jung is suspected of being involved in stock price manipulation related to this incident. Lim Chang-jeong complained that he did not know that the stock price was manipulated and that he ended up in debt worth billions of won.

Ryu Ye-ji, Ten Asia Reporter ryuperstar@tenasia.co.kr