According to a report on the 21st, the debt owed by Min to Bang has roughly reached 3.94 Billion KRW as of the end of November. In March 2023, Bang personally lent Min 3.7 Billion KRW to purchase an 18% stake in ADOR. Contrary to some reports claiming that Min bought the stake for 1.1 Billion KRW, Min actually purchased 573,160 shares (18%) for 3.7 Billion KRW. While the nominal value of the shares was approximately 2.87 Billion KRW, the actual purchase price factored in the company’s valuation, with the shares estimated to cost 6,700 won each. The full amount was borrowed from Bang.
-Just pay what you owe Min Heejin. So pathetic.
-It’s so obvious that they’re trying to completely ruin a person.
-This is truly absurd.
-They could just deduct the 3.9 Billion KRW from the put option payoutㅋㅋ
-This is my first time seeing a company stubbornly refuse to pay their debt.
-They should just pay what they owe each otherㅋㅋㅋㅋ
-It’s Ten f*cking Asia again…
-How did the journalist know about the money Bang personally lent to Min? Did HYBE leak that?ㅋㅋㅋ
-Why don’t you just pay Min Heejin what you owe? These people must’ve lost it.
-Can’t they just sell their shares?
-The two parties should just pay what they owe and settle this cleanly. Start by dealing with the put option.
-If it’s her personal loan, she needs to pay it back…
-So she borrowed money from Bang to buy shares? That’s interesting. In the end, borrowed money should be paid back.
-HYBE should just deduct the money they owe Min Heejin and give the rest~~~~~~ㅎㅎㅎ
