241112 Statement of HYBE’s Minority Shareholders Association
“To prevent confusion, HYBE minority shareholders have been silent for the past couple of months, even though we have suffered from unnecessary media wars with former ADOR CEO Min Hee Jin, which caused a decline in stock prices and other damages.
However, we can no longer watch HYBE, a prestigious leader in K-Pop who promotes national prestige and dedicates itself to an export company, be attacked by the media, politics, and certain fandoms.
Thus, our association releases the following statement.
First, HYBE should use this incident as an opportunity for deep reflection to overcome the company’s unreasonable aspects and improve communication and transparency.
First, Min Hee Jin of ADOR should stop dragging K-Pop artists, including NewJeans and HYBE, into her dispute.
First, the political circle should stop slandering and attacking HYBE based on one-sided claims of a certain fandom.
First, certain fandoms should cease unnecessary lawsuits and petitions, adding fatigue to both Korean and international K-Pop fans.
First, media outlets should report on the HYBE and Min Hee Jin case with a balanced perspective based on objective information.
The HYBE minority shareholders association will take all measures, including legal action, to hold those accountable who commit unnecessary damage to HYBE, including Min Hee Jin, certain fandoms, and the political circle.
Lastly, the HYBE minority shareholders, as fans of HYBE artists, will continue to support the company’s development and protect its corporate value.” – cr koreaboo
1. It was a waste of my time reading this statement
2. First, please prove that you are a minority shareholder
3. I’m also a minority shareholder but I never agreed with that so why do you ignore my opinion?
4. Did they get consent from all minority shareholders?
5. Minority Shareholders Association.. Are you all employees?
6. These people don’t even have proof that they are shareholders
7. They probably are happy seeing that their statement made it to the HOT category
8. Looks like they’re blaming Min Hee Jin and NewJeans’ fandom
9. Why don’t you properly apologize to the other idols first.
10. They are one with HYBE
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