Rapper Penomeco has left his agency Million Market Entertainment after working under the label for 4 years to pursuit new opportunity.

penomeco-announces-to-have-parted-ways-with-million-market-2

On June 28, Penomeco revealed on his Instagram account:

“Hello, I’m Penomeco.

I’d like to leave Million Market, the company that I’ve been attached to, from June 28 and continue my new activity.

I’d like to thank the Million Market family for working with me for four years and I will always support Million Market’s move.

Thank you, my fans, for your support and love. I’ll be back with good music. Thank you.”

Million Market Entertainment is a global music label under SM Entertainment, which manages MC Mong, as well as artists such as Suran, Cookie, Chancellor, Oh Dam Ryul and MOON.