New Jeans 'Last Notice' refusedOdor "Can't Return to Representative" vs Min Hee-jin "Just a pun"
Sep 25, 2024
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Audor announced on the 25th that it has decided to convene an extraordinary general meeting of shareholders to re-elect Min Hee-jin as an inside director at the board meeting today. Previously, the members of New Jeans demanded the reinstatement of former CEO Min Hee-jin and suggested the day as the deadline.
On the 11th, Odor proposed to Director Min Hee-jin to be in charge of producing New Jeans for the next five years. The five years are the entire period of the remaining contract with Newzins. Former representative Min, who attended the board meeting as an in-house director, reportedly expressed his intention to maintain his demand for the return of the representative but accept the re-election of the in-house director for a three-year term.
However, Odor said, `The board of directors discussed today's demand for the return of the CEO position as unacceptable at this time.'"As basic guarantees have been made regarding the status, duration and authority of the producer of Newzins, we expect to have discussions on specific conditions in the future.'
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"We are wary that when only the term is extended due to the wrong contract, Newzins will not be guaranteed normal artist activities."In response, former CEO Min Hee-jin clearly stated his intention to return as CEO and requested specific contract details with the corresponding authenticity of Hive."
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However, in the end, Newzins' request was not accepted, and it seems virtually impossible to accompany Hive and former representative Min.
olzllovely@sportschosun.com
