Jay Chou’s Mum Is A Major Shareholder Of A Company That Sells Jay Chou Merch, & It Made S$96mil In Sales Last Year
The company, Star Plus Legend Holdings, just submitted an application to be listed on the Hong Kong Stock Exchange.
The company, Star Plus Legend Holdings, just submitted an application to be listed on the Hong Kong Stock Exchange.
We all know Jay Chou is popular, but this popular?
According to reports, Star Plus Legend Holdings, a company that sells merchandise related to the music superstar chalked up a staggering 456mil yuan (S$95.9mil) in sales last year.
Among their products is an instant coffee that is believed to aid in weight loss, as well as health and skincare products that are targeted at the Chinese market.
This 'Bulletproof Coffee', which is said to help a person lose weight, is one of their best-sellers
The company also sells Jay's concert merchandise, and even released a special line for his Netflix reality show J-Style Trip.
Although Jay is not directly involved in the operations of the company nor owns any shares, his mum Ye Huimei is one of Star Plus Legend's biggest shareholders.
She’s said to own 27.6 per cent of the shares, while JR Yang, who co-founded Jay Chou’s music label JVR Music, owns an equal amount.
Star Plus Legend also recently submitted an application to be listed on the Hong Kong Stock Exchange (HKEX).
If approved, their Initial Public Offering (IPO) will likely increase Huimei and JR’s individual net worth exponentially and will continue to do so for as long as Jay remains popular.
Photos: PBE Media
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