BTS Jin recently returned from his Military Service (Photo Credit –Instagram)
BTS’s parent company, Hybe, has been at odds with one of its subsidiaries, Ador, for months now. The dispute became public on April 22 when Hybe audited its subsidiary over suspicions that CEO Min Hee-jin was planning a hostile takeover. Ador denied these allegations and attributed the issue to Min’s concerns that Hybe’s Illit, a girl group signed to Belift Lab, had copied NewJeans’ style and elements.
But all of this has been put on the back burner now as the eldest of the K-pop boy band BTS member, Kim Seok-jin, a.k.a Jin, was discharged from his mandatory military service on June 12. Just two days prior to his discharge, Hybe’s stock value saw an increase of 2.79% after a month-long downfall ever since the news of its feud with Ador hit the headlines.
BTS’s parent company, Hybe, has been at odds with one of its subsidiaries, Ador, for months now. The dispute became public on April 22 when Hybe audited its subsidiary over suspicions that CEO Min Hee-jin was planning a hostile takeover. Ador denied these allegations and attributed the issue to Min’s concerns that Hybe’s Illit, a girl group signed to Belift Lab, had copied NewJeans’ style and elements.
But all of this has been put on the back burner now as the eldest of the K-pop boy band BTS member, Kim Seok-jin, a.k.a Jin, was discharged from his mandatory military service on June 12. Just two days prior to his discharge, Hybe’s stock value saw an increase of 2.79% after a month-long downfall ever since the news of its feud with Ador hit the headlines.
- 6/15/2024
- by Koimoi.com Team
- KoiMoi
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