PETALING JAYA, Sept. 28 -- Members of Kpop boyband BTS are set to rake it in after their label Big Hit Entertainment priced its initial public offering (IPO) at 135,000 won (RM479.71) a share.

The pricing sits at the top of the indicative range of 105,000 to 135,000 won per share that Big Hit announced earlier this month and the label's chief executive officer and largest shareholder Bang Si-hyuk has ensured that each BTS member will get a slice of the stock market cake, Reuters reported.

Members Suga, RM, Jin, J-Hope, Jimin, V and Jungkook hold 68,385 common shares (worth 9.23 billion won) each or 478,695 (64.6 billion won) in total.

In a regulatory filing, Big Hit described the gift as a gesture to "strengthen long-term partnership w...