ADOR To Hold A Meeting With Board Of Directors This Week

ADOR To Hold A Meeting With Board Of Directors This Week

ADOR To Hold A Meeting With Board Of Directors This Week

Min Hee Jin initially denied HYBE’s calls.

This article is part of our coverage of HYBE vs. ADOR CEO Min Hee Jin. You can read more and view the entire timeline here.

ADOR is slated to hold a board of directors meeting this week amidst the ongoing legal feud between the label and its parent company, HYBE.

download - 2024-05-08T043510.585

hybe-profits-q3-2021-bandwagon

According to reports on May 7, KST, ADOR has notified HYBE that they will be holding a board meeting somewhere in Seoul on May 10, KST. The meeting will include CEO Min Hee Jin, Vice President Shin, and Creative Director Kim.

download - 2024-05-08T043352.936
Min Hee Jin | SBS News

This comes after it was reported last week that Min Hee Jin had refused HYBE’s call for a board of directors meeting, which was intended to expedite the process of dismissing Min Hee Jin and her directors from their positions at ADOR. Min claimed that their call had no legal basis.

 The rights to a convention of the audited board of directors are only limited to the scope of the audit’s requirements, and their call is hence illegal.

— Min Hee Jin

According to the legal representatives of ADOR, apart from the board meeting, the label will also hold a general shareholders’ meeting by the end of May.

Meanwhile, the opinion of the netizens seems to be heavily in favor of Min Hee Jin. They see her as the underdog in this situation, much like the Korean folktale character Kongji.

Screenshot 2024-05-08 024054
| theqoo
  • “May Kongji win.”
  • “I hope everything goes well…”
  • “Please win!! TT”
  • “Fighting!”
  • “Kongji, fighting!”
  • “Fighting!”
  • “Min Hee Jin, fighting! I really hope you win. TT”
  • “I am rooting for Min Hee Jin and NewJeans.”

You can read more about the recent developments of the ADOR versus HYBE feud here.

Source: Star News and Theqoo

HYBE vs. ADOR CEO Min Hee Jin