KUALA LUMPUR, April 23 -- South Korean music label ADOR chief executive officer Min Hee-jin has denied allegations of trying to take over parent company HYBE Co majority shares.

Min, along with an unnamed ADOR's executive was accused of trying to leak confidential company information and encouraging outside investors to buy ADOR shares in a move to depart from HYBE , reported The Korean Economic Daily.

Min is also the creative director behind famous K-pop group NewJeans, currently under ADOR.

She said that the conflict between HYBE and ADOR stemmed from another HYBE subsidiary label Belift Lab and their newly announced girl group ILLIT.

Min accused Belift Lab of copying NewJeans' identity, styling, choreography and music video concept...