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By Roxy Simons
TV & Film Reporter (SEO)
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K-Pop band TREASURE has lost two of its members, Bang Ye Dam and Mashiho.
The group's record label, YG Entertainment, announced on Tuesday, November 8 that the two members had terminated their exclusive contracts with the company.
Why Are Bang Ye Dam and Mashiho Leaving TREASURE?

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In the announcement confirming the news, YG Entertainment explained that Bang Ye Dam was leaving the group to pursue a different career path as a producer, while Mashiho was departing in order to focus on his health.
Mashiho's medical condition was not specified by the record label, but both he and Bang Ye Dam had been sitting out of promotional activities with the group since May 2022.
TREASURE will continue as 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.
The K-Pop boy band debuted in 2020 after they were formed by YG Entertainment in 2019, members were selected for the group through the reality competition show YG Treasure Box.
Since their debut the group has released a number of albums and EPs, including The First Step: Treasure Effect in January 2021. They released an album tetralogy in 2020 titled The First Step, and in 2022 they made their comeback with the EPs The Second Step: Chapter One and The Second Step: Chapter Two.
The Second Step: Chapter Two is the latest release from TREASURE, and it came out on October 4, 2022, and did not include either Bang Ye Dam or Mashiho.
YG Entertainment first confirmed in May 2022 that the two members would not be taking part in the group's most recent activities and tour, citing "personal reasons" for the hiatus, and in July it was confirmed the group would be promoting their new music as a 10-member band.
Bang Ye Dam and Mashiho's Departure From TREASURE: Full Statement
In November, YG Entertainment released an official statement about Bang Ye Dam and Mashiho's departure from TREASURE on the band's Weverse page.
The statement read: "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."
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