Bang Ye Dam and Mashiho are parting ways with TREASURE.
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On November 8, YG Entertainment released an official statement confirming that the agency has reached a mutual agreement with Bang Ye Dam and Mashiho to conclude their contracts. Mashiho will be focusing on recovering his health, while Bang Ye Dam will work on pursuing his career as a producer. TREASURE will promote music as a 10-member group going forward.
Read YG Entertainment’s full English statement below:
"Hello, this is YG Entertainment.
First of all, we would like to express our sincere gratitude to all of the TREASURE MAKERS for all the support and love towards TREASURE.
Today, we have an important announcement about TREASURE’s future activities.
Going forward, TREASURE will transform into a 10-member group – consisting of Choi Hyun Suk, Jihoon, Yoshi, Junkyu, Yoon Jae Hyuk, Asahi, Doyoung, Haruto, Park Jeong Woo, and So Jung Hwan.
After a long and careful discussion with Mashiho and Bang Ye Dam, we mutually agreed to conclude the contracts between the two and YG Entertainment.
We have reached such agreement so that Mashiho can have enough time to recover from his health condition, and Bang Ye Dam can pursue his career as a producer.
Knowing that all of TREASURE’s fans have been waiting for Mashiho and Bang Ye Dam, we are very sad about their departure as they have been with TREASURE from the beginning. We ask for your continuing support for Mashiho and Bang Ye Dam.
YG Entertainment will put its best efforts in communicating with TREASURE MAKERS and supporting TREASURE’s future activities.
Thank you so much."
Wishing only the best for Mashiho, Bang Ye Dam, and TREASURE going forward!