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HYBE not required to disclose BTS 'hiatus,' Korea Exchange says
A poster showing BTS members is displayed at a tourist information center in Seoul on June 15.
HYBE was not required to make a formal disclosure about a possible BTS "hiatus," according to the stock exchange, despite concerns that the company failed to properly communicate a material event to the public and shareholders.
"Not disclosing information on a BTS hiatus is not a violation of Korea Exchange rules," said Lee June-hyung, a spokesperson for Korea Exchange. "The band's remarks were vague. The company would have to file a disclosure if it was clear from when to when the group will halt activities."
Lee added that listed entertainment agencies cannot file reports on every activity of their singers or actors.
https://koreajoongangdaily.joins.com/2022/06/27/business/finance/korea-hybe-bts/20220627172037160.html