“The three members of DBSK, each invests about ₩ 70 million, 60 million, and 40 million.”
The CEO of CREBEAU cosmetics company, Kang Seok-won met SM representative Kim Young-min on the 4th at Seoul central district prosecution office for defamation issue has been accused to SM.
Earlier on the 2nd, he met reporters at the company headquarter in Seocho, Seoul. “The case here is about the long-term distribution contract that reveals an unfair distribution income. However, SM Entertainment distorted the nature of dispute and pointed our company as the main cause.” He puked a resentment.
“Since last July, SM requested a content certification by fact-checking the investment information about DBSK members who invest in our company. The members are only investors. There’s no such intellectual property involved in which SM has been concerning about. We have enough stated our position without distorting the truth. The announcement about members’ investment information has been passed.”
This is what DBSK members’ investment is about. According to Kang Seok-won on the 4th, each member invested about 70 million, 60 million, and 40 million won. Simply by seeing from the equity ratio, they won’t be able to participate in company’s management.
Kang explained further, “SM officials had visited our office in China twice last May for the purpose of investigating pictures rights that are used on the product sold. Those (SM) people need to cross check their facts and stop distorting the nature of the case. It’s an irrelevant asserts and they’ll only find faults in their investigation.”
About the rumor that ‘members investing in cosmetics business was allowed by SM’, Kang said, “The members said directly themselves, ‘if we’re not allowed to invest here, there won’t be any possibility of us to invest at all.’”
T/N: Equity ratio is amount of investment divided by total company equity. Unless one’s investment reaches 20% – 50% of company’s total equity, they won’t have significant control over company’s policies.
source: ohmynews
summarized trans: sharingyoochun@wordpress
The CEO of CREBEAU cosmetics company, Kang Seok-won met SM representative Kim Young-min on the 4th at Seoul central district prosecution office for defamation issue has been accused to SM.
Earlier on the 2nd, he met reporters at the company headquarter in Seocho, Seoul. “The case here is about the long-term distribution contract that reveals an unfair distribution income. However, SM Entertainment distorted the nature of dispute and pointed our company as the main cause.” He puked a resentment.
“Since last July, SM requested a content certification by fact-checking the investment information about DBSK members who invest in our company. The members are only investors. There’s no such intellectual property involved in which SM has been concerning about. We have enough stated our position without distorting the truth. The announcement about members’ investment information has been passed.”
This is what DBSK members’ investment is about. According to Kang Seok-won on the 4th, each member invested about 70 million, 60 million, and 40 million won. Simply by seeing from the equity ratio, they won’t be able to participate in company’s management.
Kang explained further, “SM officials had visited our office in China twice last May for the purpose of investigating pictures rights that are used on the product sold. Those (SM) people need to cross check their facts and stop distorting the nature of the case. It’s an irrelevant asserts and they’ll only find faults in their investigation.”
About the rumor that ‘members investing in cosmetics business was allowed by SM’, Kang said, “The members said directly themselves, ‘if we’re not allowed to invest here, there won’t be any possibility of us to invest at all.’”
T/N: Equity ratio is amount of investment divided by total company equity. Unless one’s investment reaches 20% – 50% of company’s total equity, they won’t have significant control over company’s policies.
source: ohmynews
summarized trans: sharingyoochun@wordpress
Spanish Translation / Traduccion al Español
Los tres miembros de DBSK, cada uno invirtió cerca de 70, 60 y 40 millones.
El director ejecutivo de CREBEAU compañia de cosmeticos, Kang Seok-won se reunio con en representante de SM Kim Young-min el 4, en Distrito central de Seúl en la oficina de procesamiento por el tema de la difamacion que SM ha sido acusado.
Temprano el 2, se reunio con los reporteros en la sede de la compañia en Seocho, Seúl, "El caso aqui es acerca del largo termino de distribucion del contrato que revela una injusta distribucion de los ingresos. Sin embargo, SM Etertainment distorciono la naturaleza de la disputa y señalo a nuestra compañia como la principal causa."
"Desde el pasado Julio, SM solicito una certificación de contenido por el hecho de comprobacion de la informacion sobre la inversion de los miembros de DBSK quienes invirteron en nuestra compañia. Los miembros son solo inversionistas.
No hay tal propiedad intelectual envuelta en la cual SM ha estado relacionado. Hemos expuesto nuestra posicion lo suficiente sin distorsionar la verdad. El anuncio sobre la informacion de la inversion de los miembros ha sido aprobada."
Esto es la inversion de los miembros de DBSK lo que se trata. Según Kang Seok-won el 4 de setiembre, cada miembro invirtio unos 70 , 60 y 40 millones de won, Simplemente para ver la proporcion de las acciones, no podran participar en el manejo de la compañia.
Kang explico ademas, "Los funcionarios de SM han visitado nuestra oficina en China dos veces el pasado mayo con el proposito de investigar los derechos de imagenes que se utilizan en el producto vendido. Aquellas personas (SM) necesitan tachar sus hechos y parar de distorcionar la naturaleza del caso. Es una afirmacion irrevelante y solo encontrarian fallas en su investigación."
Acerca del rumor que "los miembros invirtieron en el negocio de los cosmeticos fue permitido por SM", Kang dijo, "Los miembros dijeron directamente ellos mismos, 'Si no estamos permitidos a invertir aqui, no habrá ninguna posibilidad para nosotros de invertir en absoluto.'"
N/T: Proporcion de Acciones ordinaria es la cantidad de inversion dividia por el total de la acciones de la compañia. A menos que la inversion de uno llegue al 20% - 50% las acciones totales de la compañia, Ellos no tienen un control significativo sobre las polizas de la compañia.
Fuente: ohmynews
Trad al Ingles(resumen): sharingyoochun@wordpress
Trad al Español: 2uangels.blogspot.com
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