In an official statement, YG Entertainment broke the unfortunate news that THESE two members will be leaving TREASURE.

Keep reading to know what happened.

Bang Yedam & Mashiho Leave YG Entertainment, TREASURE

TREASURE, a 12-member rookie group launched by YG Entertainment will be undergoing member reorganization after two members decided to terminate their contracts with the company.

On November 8, YG Entertainment announced the big news through Weverse and various media outlets' press releases, confirming the termination of two members' contracts with them.

These are Bang Yedam and Mashiho, who also announced their departure from the boy group, TREASURE.

Here's Full Statement From YG Entertainment Regarding Mashiho, Bang Yedam:

"Hello, this is YG Entertainment.

First of all, we would like to express our sincere gratitude to TREASURE MAKERs who are sending great love to TREASURE. This day, we would like to inform you about TREASURE's future activities as follows.

In the future, TREASURE will reorganize as a 10-member team comprised 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 Yedam, we mutually agreed on the termination of the exclusive contract between the artists and YG.

We have reached such an agreement because Mashiho needs to recover sufficiently for health reasons, and in the case of Bang Yedam, he made the decision to create an environment where he can grow as a producer with his own music color.

We knew that TREASURE fans were waiting for Mashiho and Bang Yedam's return, and we are also very disappointed as the two of them were together from the start to TREASURE. However, please encourage and support Mashiho and Bang Yedam, who had more concerns than anyone else.

YG will continue to communicate with TREASURE MAKERs and do its best to promote TREASURE.

Thank you so much."

Here's Why Bang Yedam, Mashiho Left TREASURE

Based on the official statement of the company, Mashiho has to depart from the group to give him ample time to recover due to his health condition.

In May, YG Entertainment initially reported that Mashiho will take a break from the group's comeback album, "THE SECOND STEP: CHAPTER 2" which was dropped in October.

The said hiatus will be temporary only as he will be extending his rest time in Japan with his family to recover from his health condition which was not specified.

At the same time, YG also confirmed that Bang Yedam will also halt his activities with TREASURE to focus on his study with the aim of improving his potential as a producer.

Since then, no further updates about the two were released until the confirmation of their withdrawal from the team.

TREASURE debuted on August 7, 2020, and attracted attention as a rookie group of YG Entertainment.

Bang Yedam, a former participant of "K-pop Star Season 2," was included as a member, drawing huge attention.

READ MORE: TREASURE Yedam, Mashiho Removed From Recent Group Photo? Here's What Happened

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Written by Eunice Dawson.