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Hybe, K-pop's largest agency, gains $282 million in market cap after sublabel CEO steps down

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Min reportedly said, however, that “the decision was illegal” and made “unilaterally.”

The move is the latest development in a long running legal battle between Hybe and now former ADOR CEO Min Hee Jin

Shares of Kospi-listed Hybe popped as much as 4.97% on Wednesday after Min Hee-jin, the former CEO of sublabel ADOR, stepped down on Tuesday after market hours.

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