Former Ador CEO Min Hee-jin is once again facing allegations that she discussed plans with investors to take NewJeans away.
On the 9th, Ten Asia reported that Min Hee-jin met with investors to take NewJeans out, along with an interview with the investor, Park Jeong-kyu, chairman of DABO Link.
According to the media, Chairman Park claimed that Min Hee-jin is telling a blatant lie, stating that they met last September and discussed investment matters for three hours, including how to take NewJeans out. He asserted that he suffered damages, including a drop in stock prices.
The media reported, “Chairman Park suggested to Min Hee-jin that acquiring DABO Link would make it possible to secure funding needed for the entertainment business. He proposed a plan that would allow him to avoid investment risks while also benefiting himself.”
Chairman Park emphasized that he had specific discussions with Min Hee-jin about how to take NewJeans out of Ador. He actively advised her, saying that if he left Ador, the company’s value would drop, which would make it possible to take NewJeans out.
Chairman Park mentioned his conversations with Min Hee-jin, claiming that he expressed dissatisfaction with the conflict with HYBE and Chairman Bang Si-hyuk. He stated that Min Hee-jin referred to Chairman Bang as ‘that pig XX’ and thought, ‘This person is not the one.’ He added, “I explained what I had planned, but I felt it wouldn’t go well.”
Ultimately, the media reported that both Chairman Park and Min Hee-jin diverged in their investment approaches and held differing positions.
Earlier, at the end of last year, Dispatch reported that Min Hee-jin had met with the actual owner of DABO Link, raising suspicions of tampering to take NewJeans away.
In relation to this, Min Hee-jin stated regarding the controversy over investor contacts, “I heard that news was spreading in the investment industry that I was ‘going to receive investment from someone’ or ‘going to sign a contract with someone,’” and added, “I also heard that specific company names were mentioned, but I want to make it clear that this is all completely untrue.” She further emphasized, “I also want to clarify that I have not contacted or discussed with any other companies besides the ones mentioned.”
[Ji Seung-hoon, Star Today Reporter]
