The organisers of the cancelled MBC Korean Music Wave concert, Fatfish Entertainment, announced today that it would be winding up the company in order to refund ticket-buyers.
The event, which charged between $168 to $688 for tickets, was supposed to be held at Gardens by the Bay on Nov 16 and boasted a line-up of 13 Korean music acts, including Shinee, 2PM, 2AM, FT Island, Teen Top, Kara and 4Minute.
According to ST Communities, Fatfish Entertainment posted on Facebook today:
"With the advice of our lawyers and other professional advisers, we have come to the painful decision to wind up Fatfish Entertainment Pte Ltd in order to see to the orderly distribution of the company's assets to our creditors including those who purchased tickets from us directly."
It informed ticket-buyers to contact the relevant ticketing agents for details on refunds. For all other ticket-holders, refunds will be managed by the provisional liquidators to be appointed by Fatfish. Fatfish said further details will be released soon.
The gallery shows screenshots from the Kpop stars' promotional videos for the event.
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