An investigation is currently happening about HYBE asking to hold a meeting with shareholders to dismiss ADOR's CEO, Min Heejin.
The Seoul Western District Court will hold a hearing on the application for permission for HYBE to hold a meeting with shareholders at 4.35PM on the 30th. The hearing will be conducted privately in accordance with Non-Contentious Case Procedure Act.
If the court approves, a notice of meeting will be sent to the shareholders, and 15 days later, the meeting between the shareholders and board of directors will be held. At the meeting, HYBE is expected to dismiss the existing board of directors, including Min Heejin, and appoint new directors. The overall process is expected to take about two months.


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