Okay. I guess not everyone played PUBG like I did from the start and paid attention to these things. Just look at the Bluehole wikipedia page https://en.wikipedia.org/wiki/Bluehole_%28company%29 . Here's an excerpt for you showing they have a strong if not completely controlling ownership.

>In August 2017, Chinese holding company Tencent announced that it had, following a rejected acquisition bid, invested an undisclosed amount of money into Bluehole.[4] Bluehole initially denied that any investment had been made,[5] but later stated that they were in talks with Tencent in multiple partnerships, including the acquisition of an equity stake in Bluehole by Tencent.[6] Subsequently, Tencent acquired 1.5% of Bluehole for a total of ₩70 billion.[7] Tencent reaffirmed their intents to fully acquire Bluehole in November 2017.[8][9] Korean magazine The Korea Times suggested that an initial public offering, through which Bluehole would become a public company, was "out of question" due to Chang Byung-gyu's position as chairman of both Bluehole and the Fourth Industrial Revolution committee.[10] At the time, 38 Communications, a company that tracks unlisted Korean stocks, valued the company at ₩5.2 trillion.[11][12] Tencent plans to invest further ₩500 billion to acquire further 10% ownership, raising their total stake to 11.5%[13] Through the acquisition, Tencent is set to become Bluehole's second-largest single shareholder, following Chang Byung-gyu, Bluehole's founder and chairman, who owns 20.6% of the company.[14]