On May 7th, the music industry informed HYBE that a board meeting would be held in Seoul on the morning of May 10th. The ADOR board, which includes CEO Min Hee-jin, will be in attendance.
The current members of the ADOR board include CEO Min, Vice-CEO Shin, and Creative Director Kim.
Previously, the law firm Sejong, representing ADOR, announced, “In accordance with regulations, a board meeting will take place by May 10th and a stockholders’ meeting will be held by the end of May. Further statements will be submitted to the court by May 13th.”If the board meeting decides to hold an interim stockholders’ meeting, the earliest possible date for this meeting will be set after May 15th, with the soonest date being May 27th.
At present, HYBE is making claims of CEO Min’s supposed attempt to take over ADOR’s management rights and breach of trust. However, CEO Min’s team is refuting all accusations.
On April 27th, NewJeans, a girl group under ADOR, released their latest music video for their new song “Bubble Gum”. Additionally, they have plans to release a double single titled “How Sweet”on May 24th, which will also feature the song “Bubble Gum”.
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