Home » Hybe provide beneficial properties after ADOR chief govt officer Minutes Hee Jin ideas down

Hybe provide beneficial properties after ADOR chief govt officer Minutes Hee Jin ideas down

by addisurbane.com


SEOUL, SOUTH KOREA – 2024/04/23: People stroll previous the Hybe Construction in Seoul.Â

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Shares of Kospi-listed Hybe stood out as excessive as 4.97% on Wednesday after Minutes Hee-jin, the earlier chief govt officer of sublabel ADOR, tipped down on Tuesday after market hours.

This stood for a acquire of regarding 376.02 billion gained ($ 282.05 million) in market value for Hybe. The expansion is the latest over time administration disagreement that has truly roiled Ok-pop’s largest agency. Hybe most particularly handles BTS, South Korea’s largest Ok-pop act.

ADOR, which handles girl staff NewJeans, announced that Minutes had truly tipped down from the chief govt officer setting, but will definitely proceed to be as an “internal supervisor” and nonetheless generate net content material for NewJeans. ADOR’s main personnels police officer Kim Joo-young will definitely change Minutes.

SEOUL, SOUTH KOREA – August 01: NewJeans participates in Hyundai Outlet retailer Accountability Free ‘DAY-TO-DAY HYUNDAY’ event at Hyundai Outlet retailer Accountability Free Dongdaemun in Jung-gu on August 01, 2024 in Seoul, South Korea.

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South Korean media, nonetheless, reported Minutes acknowledged in a declaration “the decision was illegal” and “impartial,” together with that she was not sought recommendation from on remaining on to generate product for NewJeans.

Again in April, Hybe submitted a cops report versus Minutes, charging her of desiring to take the sublabel impartial.

Minutes after that affirmed that Hybe had truly duplicated the thought of NewJeans for a further girl staff underneath a numerous Hybe subsidiary.

Hybe referred to as an incredible fundamental convention in Would possibly to remove Minutes as chief govt officer. She submitted an order to give up the step, which the Seoul Central Space Court docket permitted, ruling that Hybe won’t make the most of its poll authorized rights within the EGM.

â $” CNBC’s Chery Kang added to this report.



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