ADOR CEO asks court to block HYBE from voting on her dismissal at shareholders meeting
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- čas přidán 7. 05. 2024
- You can watch this video at koreanow.com
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![[ENG SUB] Min Hee-jin calls for truce with HYBE at press conference](http://i.ytimg.com/vi/grgQX6Qryg4/mqdefault.jpg)
![[ENG SUB] Min Hee-jin calls for truce with HYBE at press conference](/img/tr.png)
Salaried CEO, who says she has done nothing wrong, asks the court to block 80% shareholding main company (that founded and financed her subsidiary, trained and provided her trainees, and gives her financial remuneration beyond any other CEO) from demanding she justifies her actions after criticising fellow subsidiaries and the main company in a press conference. I guess that's a rational request suggested by the same shaman who told her to plan a way to tank her subsidiary, then buy it back with the funds she earned working there but forgot to inform her she would be found out and audited. 🍿 sometimes reality is weirder than fiction 🍿.
yeah, exactly my thoughts. If court listens to her appeal and blocks 80% of shareholders, then kiss goodbye whole Korean judicial system because it became worse than North Korean. This woman is rotten I'm telling you. Her strategy is probably to be so loud and take on as many legal obstructions as she can so that 80% would give up and give her Ador just to get rid of her and of whole situation. She must be dumped out without nothing. That's the only justice here. I don't see how would ANY company on Earth have an interest to have this snake within their organisation and work with her. I bet they were happy at SME or what's the name of her previous company to get read of her. Now she is poisoning Hybe but she won't succeed.
and it's weirder, majority of K-netz believe her BS
Nicely said!
@@rebeccaavoca9143 I know and I don't understand why?
@@rebeccaavoca9143 yeah. It would be funny but it's tragic.
Guys, did you notice censorship on yt lately? What happened to freedom of speach, expressing thoughts etc. Some techno company cuts you out against the law... This is Orwel's 1984
She hates the company, downplays the involvement in her group's privileges and success, insulted her bosses, hates the other groups (especially the girls), claims she's in a slave contract (because she's a billionaire who can't sell 5% of her shares😢) claimed it's all a cvlt, and that everyone is out to get her. Why does she stay? Please prove to all of us and go and start a label.
Claimed?!!! She never said sth about cult, everybody knew hybe and bts are related to a cult
@@motaharesadat525proof pls????? you mean the haters who are doing all their dirty tricks just to pull bts on the ground???
@@motaharesadat525 @catcat04309 bro the cult thing is conspiracy like we're loosing focus of the main situation
@@user-ik4sk7ku9mConsent as to whom the shares will be sold to. If they don't agree on the buyer, the clause states that HYBE will buy it from her at market price. It was a fair deal.
@@motaharesadat525 your not being accurate
FIRE HER NOW
She is the winner. HYBE will sink
Someone that claims to be in a slave contract is still opposing Hybe shareholders from signing her out wth 🤦♀️ her shamelessness is getting out of hand tho
Someone that claims to be in a slave contract is one of the most highest paid CEO at HYBE!!
OMG she is so annoying.
Absolutely agree!! I'd buy HYBE shares just to shut her up!!
She is a damn crook, looking to get all HYBE money SMDH!
army?
She said she was mistreated but why still holding on.. Just resign😂😂😂
MHJ doesn't quit. She only wins!
@@MrUncleBob she said she was getting mistreated but why is she there
@@appiahalice426 To assert herself and her work.
Its not about the money but she crazy why cant sell the 5% share 😂 and she also refuse to resign from hybe cos she still not get those money she is really the evilone
@@prettypark2115 Hi ☺. I'll be the light to guide you.
If she don't like Hybe why she want to stay? Just leave already and make your own company with your own money?!
Продвижением Джинсов должен заниматься Адор, а не Хайб.. Если вы не владеете информацией, зачем пишите? ...@@user-ik4sk7ku9m
@@user-ik4sk7ku9mu are very misinformed. MHJ asked hybe to sell her 15% of shares and hybe refused. This is public information. Maybe stop being so dense?
@@user-ik4sk7ku9m
Copy cat?? know your facts!!
ILLIT = dreamy & cute concept
NJ = Y2K/hippy
Illit's debut Magnetic is totally different from NJ Attention and Hypeboy
@@user-ik4sk7ku9mprotect New Jeans as if she own the company. Using New Jeans again and that’s BE
@@user-ik4sk7ku9m MHJ wants to protect NJ??? You are so naive. She wants more money.
We believe in and support Hybe all the rumours about thier artist are distractions to smear thier image like Min planned we will not be moved or deceived by her #HYBEFIGHTINGSTRONGPOWERTHANKYOU💪🏽
It's amazing how much power she think she has w/ her 18%.
💜💜💜🙏🏽 Thank you for sticking to the facts and not letting your personal opinions, whatever they may be, slip into your reporting. Will look forward to your continued coverage. 🙇🏽♀️💜💜💜💜
The audacity,of the devil,join HYBE an empty pocket,but want to runaway with all the money
army?
She's like that annoying fly that refused to go away.
😂😂😂 So true
Only reason why she trying to block it. Is she is guilty and she knows it and she is trying to hide it
so whats up with bts now?
I support BTS so i support Hybe!! Sorry MHJ, i already left NJ community in Weverse… i know NJ thru BTS but i can’t stand you attacking BTS!! Bye bye 👋
I guess the Rooster arrived to Roost for HER. She is hoping for her last card of emotional manipulation will work. Where is HER Laptop ?? If she has nothing to HIDE.
I was guessing she could be paying off people in government and psychic reading by Dee Sparta, who predicted BTS solo focus before they announced it at Festa, mentioned this and even said she wants BTS to break up
She should surrender her laptop to Hybe audit team. The truth will set her free or not.
Right I see that as a problem already surrender your laptop if you have nothing to hide. She's too busy trying to scrub everything off of it.
@@dinaarmymom9145except there is no way to scrub everything from it, you can always pull information back up once you kno how to do it
Does she really feel entitled that she is worth that much and new jeans have only been on the market for about a1 year and half. They have not proven their worth as an asset yet to demand those ridiculous demands. Whose is to say they will be still be profitable after this fiasco thar she caused to the group. I feel sorry for the girls.
Exactly! The truth is that many have lost interest in them. Myself inclusive. She really has watered down their effect.
Let her be fired, she has started this mess with her plan and greed, she wants it her own way...let her be fired and go away to do damage somewhere else.
Do research before comment
@@blueray007I think her comment had merit. It’s yours that doesn’t.
@@blueray007 Might want to take your own advice: "Asian Culture and Entertainment"
@@Imme_begin might want to consider the global entertainment industry that Kpop want to exceed in, following BTS success.
MJH is done at the international level, undermining of a primary shareholder to reduce share value to enact a hostile takeover is viewed very negatively, no one will trust her in a business sense nor want to be associated with her. Try to succeed in the music industry with a tarnished reputation internationally, you can't and she did it to herself. At the international level we don't fall for tears and craziness, she is a total narcissists that is very evident. Internationally facts are what counts HYBE is very aware of that, being a successful global company. And now the international audience are looking at Sth Koreans as also being naive, easily manipulated, with NO business sense, loyalty or integrity, quoting Asian culture is nothing to the global music industry.
@@blueray007 use your brain!!
I don't understand. Why is she holding on so relentlessly to her position? Whatever the outcome of this case, she will never be able to work with Hybe again. What does she gain from continuing to be CEO?
@@user-ik4sk7ku9mprotect NJ??? She is greedy. NJ = money 💰
@@user-ik4sk7ku9mshe wants the 20% shares.
Nope. She wanted more money, more shares, but HYBE didn't buy it coz later they found out that she wants to sell her shares to foreign company, steal NJ from HYBE, and then make ADOR an empty cell company.
She is so greedy and ungrateful after every advantages she got from HYBE. She manipulated everyone.
Wanna protect NJ?? Huh!!!
Right now, she is holding tight NJ but when NJ's popularity decreased, she will abandon them. Thats what she did when she was in SM.
I really hope HYBE will take care all members of NJ's mentality, they are still so young but MHJ makes them become her shield. What a shame woman!!
@@user-ik4sk7ku9m 🤦🤦 What protection? Wake up man
because she's shameless -
She is an employee. Does the law permit her to do this? It baffles me on how she is allowed to play the victim for so long.
She said she have a slave contract with Hybe so why insist on staying with Hybe?!? Just shows she is guilty and dont want to be exposed
why are they investigating bts?
@@BigDaddyMaccfor sajaegi
If she has done no wrong why stop Hybe to hold shares holder meeting.
do some research
The court will decide if she has done something wrong based on evidence. Your assertion of no wrong doing is speculation at best.
@@user-ik4sk7ku9mlet her prove she has done nothing wrong😅
If she's done nothing wrong, why she didn't let the audit open her laptop. Something fishy
Done nothing wrong... you can't be that naive surely, insider trading, hostile takeover, breach of duty!! HYBE has the evidence of her deeds, including her notes regarding the planned smear campaign against BTS/HYBE commencing in May. (Her response its just a joke, that would be a NO) MJH is also done at the international level, undermining of a primary shareholder to reduce share value to enact a hostile takeover is viewed very negatively, no one will trust her in a business sense nor want to be associated with her. Try to succeed in the music industry with a tarnished reputation internationally, you can't and she did it to herself. At the international level we don't fall for tears and craziness, she is a total narcissists that is very evident.
They know the has the laptop and can destroy evidence. Why has the police not gone to her home and wherever to find that laptop? Search her home, and her family, and her cohorts.
Most IT forensics can recover information from laptops hard drives, in addition most programs now store/back-up information on icloud, and that can certainly be recovered.
彼女は、お金に興味ないって言っていたのに、嫌いな会社にい続けたい?? She is greedy that all.
she is determined to get her own way, hope the courts don’t grant her the blocking of hypes voting her out.
min heejin is obviously desperate, resorting to negative PR campaigns against hybe and bts to bolster her image. but seriously, her case is not something to be settled in a court of public opinion, but rather in the boardroom and in a court of law. if the korean public believes all her lies and manipulations, they might as well let min heejin steal all their retirement funds.
lol u must be a army..
She made her bed and now she has to sleep on it, never bite the hand that feeds you, the audacity of this woman 😤
No, the court shouldn’t give into anything that woman asks or says!
Has she even handed in the company computer yet?
@@user-ik4sk7ku9mcry looney
not yet ..
Why is she fighting over a company that isn't hers? I don't understand.
She should leave and go and start her own company for heaven's sake! She should take her NJ with her and leave HYBE alone! Oh wait, she can't take NJ because she doesn't own them!
What the heck is wrong with this woman?
cause she wanted to take over the company by bringing the foreign investors in .. HYBE found the proof of her colluding with foreign investors to buy HYBE shares. it's being planned for months by her staff. they seized all the staff computers except HERS.
She created chaos already and she thinks hybe just let go just like that..she is not embarrased??or feel.ashamed??
This woman is so shameless it’s annoying. She needs to be expose for the snake she is and get jail time too. I hope the public will see through their act and hope the police investigate thoroughly and arrest her soon.
hope she'll rot in prison for all her wrong doings
Ungrateful human being 😝 she was being funded financially throughout their journey and now she wants more...what a greedy woman😢
Thank you for keeping us updated.
When you having the whole watermelon 🍉 and you give one slice (20%) but you can't eat the balance (80%) because to her is not fair. 😂😂😂 It's like I give my room for you to stay but you wanna my house to be yours. RPWP.
DELULU gurrllll... 😅😅
WHERE👏IS 👏THE👏LAPTOP👏???
Bang needs to call in his loan to her. (the amount he loaned her, not what the stocks are now that she purposely made tank).
REMOVE HER. We are tired of her drama.
Crying to gain sympathy, every lawyers will teach their clients to do so😂
And to dress like the "normal" people, with a cap!, so that even the last housewife and mother, who knows exactly how tired you can look, feels addressed.
The district attorney teaches her that too.
Instead of wearing your designer clothes in interviews as a brand connoisseur.
(Sorry, nothing against housewives and mothers!
It's about pity rain, which is what she's aiming for here)
This is like a real life KDrama 🍿
@@LoveMyForeverArtists Don't worry, the problem is not that they are housewives and mothers (like me), but that they are Korean.
Sorry to say this, and I might be the only one. Cause this fiasco, and how their CEO is behaving, I no longer want to stream nor support Ador and New Jeans after this. The girls have no fault but it’s the only way to stop supporting their company and give their ceo more money.
Power, money, entitlement, greed, guilt.... why is she still an employee of Hybe? Maybe there's a clause in the contract that says that. I don't know. She's weird to me.
She is lier and user
Let this woman leave already!! Am so tired of the harm she's doing to the company. She needs to leave before Seokjin comes back if not.....
She is so annoying fire her asap.
You all are so funny, fighting amongst yourselves. Think big picture. Who is she working with? Hmmm? Who wants to burn HYBE?
SM, KAKAO, ..CHINESE INVESTORS ,. ..LSM, .. take your pick ..
@@rebeccaavoca9143 Exactly. She's in bed with one of them.
@@rebeccaavoca9143the Chinese seem like a strong contender. Bang has 32% right now, he has the largest share but not the majority. It can get messy with huge corporations like these, it's dog eat dog out there.
That’s the question, isn’t it? Always follow the money. Who stands to gain from all of this?
Maybe in Korea they don't respect laws and contracts, it must be different there, what this woman is doing is crazy 😂 and korean people love her, they should invest money and work with her then, it will be interesting to watch; but we have to take our hats for her, she's a master in manipulation, it's amazing the number of PR techniques she used in that conference, teachers can use the video of that press conference to teach in their classrooms 👍
This is getting a bit much.
Who and what is giving this woman so much temerity? Please let her leave already! She has done enough damage!! And to think most Koreans are supporting her!! What a joke!!
So shame of her😡
If she thinks she hasn't done anything wrong, then why try to block HYBE?
If she will be fired all the salary, allowance, privilege and perks that she has right now as CEO will be cut... and ofcourse she can't control Ador and NJs. All that money she borrowed should be returned as well as all the company assets that's in her hands. She will also need to face all the charges that Hybe filed in the court. I think that's why she's blocking Hybe from exercising their rights so that she can still hold power. Like imagine if she get fired which company do you think will hire her to work for them if she's still under investigation and there's a case filed against her by one of the biggest ent company on SoKor?? She'll be jobless.
It’s quite bizarre that she turned up for a press conference looking so scruffy when she totally knows how marketing works…she’s actively trying to give off a victim vibe. She purposely ignored her hairbrush, suits & make up for this media conference.
Samoka aning bayhana. Nagdala manig ???🤔
😂😂😂 lami kaayo ipabarang
Min hee jin psychopath
Wow, can she do that? Why would she still want to work there? 💜
와 SK 20대 사람들은 참 순진하고 조종당하기 쉬운 놈들이에요!
MHJ must have a wealthy someone or a big company supporting behind her back to plot her takeover and this whole shenanigan. She can even afford to engage lawyers from Korea top legal firm as a salaried staff so claimed by herself.
Illogical claims proves she is culprit
Someone Please FIND HER LAPTOP before she destroys everything......
Her laptop is needed at HYBE HEADQUARTERS but she is hiding it.............
JUST GET OUT damn it....
Seriously, for real 🤦🏻♀️ I feel like I’m watching a kdrama. She’s like, manipulate spoiled sibling 😏
Hello...... Is this important?
From now on,.this woman has no career .
She doesn't need a career. She thinks she's a genius and indispensable. She wanted her own company, label and create idol groups as her cash cows.
Oh god, not the South Korean Police! How worrying. They handled LSK so badly. I don’t know if they’re up to the task, their reputation certainly isn’t.
There is a lot of global attention, the world is watching, you can be sure that they will put there best people on it. You have to think that HYBE also has a US branch and would be making use of those resources in their internal investigation, they wouldn't want the world media coming back with missed evidence etc
Let’s hope they LEARNED from that awful experience and fixed whatever needed to be fixed. Not holding my breath, though. Old habits die hard.
Fire her now
How can anyone support MHJ and buy her sob story. She leaves so much of out her press conference. Well she is good at marketing so.
Wait damn minute here!! Didnt she said she dont care if they fire her? Plus how badly she was treated, threatened, lied to, stuck in slave contract, underminded for her abilities etc...etc....sooo why she doesnt want to leave?? Hybe biggest mistake is hiring this vile person worse giving her CEO position!!!! Like her mouth and her actions aint matching up!!!!! Woman just leave and I dont even care if she take her kids with her!! Im sick of seeing all of them!!
She is crazy
Please ceo Min leave hybe immediately you already create a huge mess to the company be shameful
😮
Will Hobo Min show up in court?🤣
I’m on hybe side
A lot of conglomerate stans in the comments who have no idea how finance and business works.
that’s how u know she’s guilty😂 she power hungry
She wants to own the company of hybe.i don't like her
I hate her. Karma is coming to you now.
how 'court' can hold shareholders meeting? did public company own by government? is s-korean is communist?
(what is 'the right' that court can hold shareholders meeting? i just don't get it.)
you can ask 'court' to hold government order because it's government, but public company? really? is HYBE run by government?
if CEO Min fired by illegal process or fabric evidence, CEO Min can legal sued HYBE later.
'mistreating' also can sued. want HYBE's money, get them by law, but also need evidence.
wow! what a mess counselor ?
Their laws and legal system are not the Western or European legal procedure. Asia has its own legal systems. When will Westerners realise it?
@@beany1944 core of all the law in the world is logic. if it's not logical that's lead to the problem of that country.
So how I understand it is that hybe as a shareholder in ador requested a special shareholder meeting, however the board of directors refused (and understandably so because mhj and the vice president are the accused).That is why Hybe had to get permission from the judge to bypass the board of directors and have the extraordinary meeting. If hybe is doing something that infact is against their contract then naturally the legal systems will have to decide.
@@nuhkyah23 that make sense. but
'ADOR CEO asks court to block HYBE from voting on her dismissal at shareholders meeting' ???
and i re-watch it, and in this translate, still.
'shareholder should have right to audit the board of director to protect their own investment' and nothing to do with the court. shareholders themself should can make shareholders meeting by themself.
have a good day. :)
Fire her. Yes, she is talented. Yes, she is a visionary. But at the end of the day, she is a MINORITY share owner (19%) employee of Ador and Hybe owns 80%. It is a travesty that courts have to be involved in a simple employment dispute and courts should not be involved. But if they decide to get involved and end up ruling against Hybe, I can guarantee you that investment in Korea will dwindle, existing minority owner/employees will divest and conglomorates who are in bed with the governement will grow larger and ever more powerful.
As a solution, how about HYBE propose a place to review the entire contract so that New Jean remains with ADOR and Min Hee Jin resigns as CEO and concentrates on producing?
For example, discuss and negotiate the following terms and conditions:
・New Jeans contract period and salary and incentive rules
・Min Hee Jin's roll and contract period and Salary and incentive rules
・Conditions for purchase of shares held by Min Hee Jin by HYBE
・HYBE's Neajeans support system (including staff and funds)
You mean, when she gets out of jail? I assume you are not an employer, otherwise you wouldn't consider it a good thing to give a salary to a person who does things secretly and tries to take over your company with a hostile takeover financed by foreign investors to whom she showed the contract classified. Among other things, a person who is orchestrating a mud machine against you, your company and your artists.
She betta....layOff BTS, BTS. STARTED HYPE....U GOING B HATED
What will happen if she pushes through the Board meeting on the 10th of May?
During that meeting can she discontinue the contract of New Jeans?
What if her only purpose is to get rid of New Jeans in Ador then give back the company to Hybe and then resign?
Another CEO will be hired after she is fired. If she terminates NJ's contracts on May 10th, Ador will be able to make a contract proposal to NJ again. The girls will ultimately decide.
Hybe has got the hold of NJ contracts.Bang pd won't let mhj take NJ contracts right.
@@serendipity3484 It is not so. Artists sign contracts with labels, not Hybe. Hybe owns NJ because they own Ador, but the two parties to the contract are the artist and the label. I don't know if approval of Hybe is required for the termination of the contracts, but I believe that the approval of the board of directors, which is made up of MHJ + the deputy CEO + the general manager, is sufficient. So it is feasible for the board of directors on May 10 to terminate the contracts with the girls. She probably told the girls that this way they will be free without having to pay the penalty. However there is always the possibility of a second contract, when they manage to fire and replace MHJ.
Just leave Hybe., Make your own company unless this one of your manipulatory Drama to make you and your soon to be group famous😮
anyone thinks that mhj's "pressure plan" maybe somewhat true? after her conference, a lot of issues towards other labels are being thrown.
the c*lt issue
illit, tws and bnd being a "copy" of newjeans
illit plagiarism
lesserafim pro-japan
bts sajaegi
How dare Hybe fire Mhj who accuse them of slavery? How dare they try to push her out when she suffers mistreatment. How dare they leave her with nothing when she suffered a lot by earning billions? Wow Hybe is really such an evil company she doesn't want to leave. I get her.
NEWJEANS MHJ FIGHTING!!!
Not HYBE, block big hit music because we don't believe in music
BTS? 😂😂 on your dead body
Go MHJ! The world is with you!
Not exactly, it seems support was mainly in SK but that might be waning
I don't think so some South Korean are with her and new jeans fans not the world brahh
How come hybe cant vote they had 80% share... She really into hybe ..
@@Bts20194 Supporting people is cool 'brahh'. If you don't want to support then move to Mars brahh, your choice.
😂Not the world bro 😂 we aren't 😂
Min Hee Jin FIGHTING !!!!!!!!!!!!
BOYCOTT hybe !!!!!!!!!!!!!!!!!
And international fans are boycotting MHJ even NJ 😂😂.. i left NJ community already!! Im not idiot!!
Как не стыдно приуменьшать заслуги 💜ᗷTS⟭⟬💜, которые повысили престиж 🇰🇷 K-POP по всему миру, они заслужили свои награды как никто другой, 💜ᗷTS⟭⟬💜 весь мир 🌏 (Army ⟬⟭💜)на твоей стороне, Какая бесчеловечная несправедливость😢