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Posted by Shiso TH STAFF Thursday, September 9, 2010

Avex to stop holding annual live event for shareholders

TH STAFF
allkpop



Since 1999, Avex has held�a general meeting for stockholders every year with a live-event show afterwards. However, they announced that they will stop providing the annual event starting next year.

Avex explains that it has become difficult for them to find an adequate hosting location due to the growing number of attendees. In addition, individuals have tried to sell the voting forms required to attend the event illegally.

While the� company decided to stop holding the event for now, they plan on implementing a "priority reservation system for the shareholders"� instead,� in which the stockholders are able to claim concert seats based on priority.

Source: Sanspo.com

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