On November 14, ADOR, a label under HYBE, told Newsen, “We received the notice of certification from NewJeans this morning and are currently reviewing it to understand the specific requests. We will do our utmost to address these matters wisely and continue to work closely with our artists.”
In response to inquiries about rumors of an investment by a listed company (referred to as Company D, or Dabeolink) in NewJeans and Min Hee-jin, ADOR added, “Min Hee-jin has reaffirmed that the rumors regarding any meetings with this company or involvement of NewJeans members’ relatives are entirely groundless.”
Previously, on November 13, NewJeans sent ADOR a notice demanding correction of alleged contract breaches, warning they would terminate the contract if issues weren’t resolved within 14 days. Their requests included an apology from a manager for disrespectful remarks toward Hanni, removal of unauthorized photos and videos, an investigation into damages from alleged “album pushouts,” and resolution of a dispute with music video director Shin Woo-seok.
NewJeans also clarified they have no ties to Company D, stating they will firmly respond to anyone spreading false rumors about members’ relatives.
Earlier, on November 5, Min Hee-jin addressed the issue in an email to reporters, “I’m compelled to clarify my position on the baseless rumors circulating about me. Among these, I’ve heard reports within the investment industry that I am supposedly ‘set to receive investment from someone’ or ‘enter into a contract with someone.’ I have also heard of a specific company being mentioned, but these are entirely untrue.”
She continued, ”I am issuing this statement to prevent any potential harm or misuse of this issue, in hopes of stopping these false rumors, and ask for your understanding.”
Company D had initially planned an extraordinary shareholders’ meeting for October 8 to elect new board directors, including 5 nominees, one of whom is reportedly Hyein’s uncle, an alumnus of Hanyang University and a chairman of Company H. However, this meeting was postponed twice.
On November 7, Company D disclosed a revised notice through the Financial Supervisory Service’s electronic disclosure system, listing 7 new board nominees, excluding the previously mentioned 5 candidates.
Below is ADOR’s full official statement:
“Hello, this is ADOR.
With the numerous inquiries from reporters, we would like to clarify the following.
Regarding the notice of certification, we received it this morning and are reviewing it to understand the specific requests. We will do our best to resolve matters wisely and continue working closely with our artists.
As for questions regarding the listed company, Min Hee-jin has reaffirmed that rumors regarding any involvement of NewJeans members’ relatives or meetings with this company are unfounded.“
Source: Naver
