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ADOR’s CEO Min Hee Jin turns into the second largest shareholder

adminBy adminApril 9, 2024No Comments1 Min Read

Based on the Monetary Supervisory Service’s Digital Disclosure System, Min Hee Jin owns an 18% stake (573,160 shares) in ADOR, making her the second largest shareholder. She reportedly bought the shares from HYBE final 12 months for about 1.1 billion received (roughly 846,000 US {dollars}).

ADOR was established in 2021 with a capital contribution of 16.1 billion received (12.38 million US {dollars}) from HYBE. With this buy, Min Hee-jin grew to become the second largest shareholder after HYBE.

HYBE holds an 80% stake (2,576,000 shares), whereas the remaining 2% is held by different executives of ADOR.

Min Hee-jin is understood for her work at SM Leisure, the place she oversaw the visible ideas for teams akin to Ladies’ Technology, SHINee, EXO, f(x), and Crimson Velvet. After leaving SM in 2018, she joined HYBE and was appointed because the CEO of HYBE’s label, ADOR, in 2021. Below her management, NewJeans made their debut that 12 months and have been on a profitable run.

ADORs CEO Hee Jin largest Min shareholder
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