T-ara revealed a statement through Instagram.
They wrote
�Hello, this is T-ara�s Qri, Eunjung, Hyomin and Jiyeon.
Since we don�t have an agency to speak for us, we are making this announcement ourselves after discussion.
Regarding the rumor that we received luxury cars and 9 billion won from our China contract, we directly asked for confirmation from Wang Sicong�s (Banana Culture) side via Weibo and they have confirmed it is not true.
We don�t want to cause trouble to our former agency who has managed us since debut. We wish that the 4 of us can still greet you in the future under the name of �T-ara�, and we hope to peacefully resolve this. This is the official stance for 4 of us. Thank you for reading.�
Credits: T-ara Diadem
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