Specific accusations finally surface about Min Hee Jin

According to a recent report, Min Hee Jin, the CEO of ADOR, allegedly met with representatives from Dunamu and Naver Corporation, potentially discussing investment offers to acquire ADOR. These claims emerged during an internal audit conducted by HYBE, where evidence such as KakaoTalk logs mentioning the meetings was discovered on Min Hee Jin's PC. 

 

Previous KakaoTalk chat logs released by HYBE suggested a plan proposed by ADOR's vice president 'S' for Min Hee Jin to acquire the company through the involvement of foreign investors. This plan involved persuading HYBE to sell its shares in ADOR to these investors and then utilizing the proceeds to purchase ADOR's shares. Min Hee Jin denied accusations of conspiring to seize control of ADOR, stating she never met with investors for such purposes.

 

Dunamu, a current major shareholder of HYBE Labels, holds the rights to appoint board members. Concurrently, Min Hee Jin has filed a request with the court against HYBE, seeking to prohibit HYBE from exercising its voting rights at ADOR's upcoming shareholder's meeting. This move aims to prevent HYBE from influencing decisions regarding Min Hee Jin's potential dismissal from ADOR.