In response to the latest press statement issued by ADOR CEO Min Hee Jin on May 16 KST, HYBE Labels has released a brief, yet strongly worded message.
Here’s what HYBE had to say:
"Hello, this is HYBE. We would like to express our stance in response to CEO Min Hee Jin’s statement released earlier today. As the evidence unveiled by Min Hee Jin today suggests, such in-depth discussions with a financial analyst would not take place if the parties involved genuinely considered the takeover of a company’s management merely a topic of conversation. During her press conference on April 25, Min Hee Jin stated, ‘HYBE alleges I conspired with external investors. External investors from where? Bring them here to me.’ She behaved as if she had never encountered any external investors and deceived the public, but gradually, the truth is surfacing. We will now await the complete truth to be disclosed through legal investigations.
We also strongly urge Min Hee Jin to refrain from using the term ‘ADOR’s side’ when issuing press statements. This current case does not involve the subsidiary company, ADOR. It is an attempt by an individual, Min Hee Jin, along with a handful of other executives, to seize a company out of greed."
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