Report on Grant of 100 Million Won Provisional Attachment of Former CEO Min Hee-jin’s Yeonnam-dong Multi-Family Home

It has been confirmed that the residence of former ADOR CEO Min Hee-jin (currently an ADOR board member) has been subject to a provisional seizure on real estate. The creditor has claimed a provisional seizure amount of 100 million won on Min’s residence. However, the specific reason has not been disclosed.

According to real estate industry sources on November 10, the residence in the Yeonnam-dong area of Mapo-gu, Seoul, where Min resides, received a provisional seizure decision from the court. The Seoul Western District Court had previously received the creditor’s provisional seizure application on September 23.