Top-tier actor Kim Soo-hyun will set up his own agency with his cousin, according to reports. Kim reportedly will not renew his contract with KEYEAST, which has been representing him since his debut in 2007. KEYEAST is the management company founded by actor Bae Yong-joon. Reports say Kim will team up with his cousin, filmmaker Lee Sa-rang. He featured in Lee’s action film Real in 2017, before serving obligatory military service. Kim and Lee are known to have a strong friendship. How did Kim Soo-hyun stay on top of his K-pop game in the army? The name of Kim’s new agency is not known, but reports said actresses Seo Ye-ji and Kim Sae-ron are likely to join it. Seo will play opposite Kim in the tvN drama Psycho, But It’s Okay , which is set to premiere early next year. KEYEAST denied Kim’s departure, saying it is in talks with the actor over the contract renewal. “We haven’t heard any news about Kim’s establishment of his agency,” a spokesperson was quoted as saying. Kim, 31, was catapulted to fame after appearing in the dramas, Dream High (2011), Moon Embracing the Sun (2012) and My Love from the Star (2013-14). In 2015, at 27, he became the youngest winner of the KBS Drama Awards. He returned to civilian life in July after 21 months of military duty. Want more stories like this? Sign up here . Follow STYLE on Facebook , Instagram , YouTube and Twitter . This article was originally written by Dong Sun-hwa for The Korea Times .