SINGAPORE - Ticket refunds for the cancelled MBC Korean Musicwave - which had been scheduled for next Saturday - will be made within seven working days, concert organiser Fatfish Entertainment informed ticket holders via e-mail on Wednesday night.
However, it did not give details on refund channels or methods. A statement on the concert's homepage claimed that Fatfish is "seeking professional advice to see how we can best refund our ticket holders and other creditors".
Singapore-based Fatfish - which organised the event jointly with one of South Korea's biggest broadcasters, Munhwa Broadcasting Corporation (MBC) - said the cancellation on Wednesday night was due to "unforeseen circumstances, including contractual difficulties with our co-producer, MBC".
A star-studded line-up of 13 K-pop acts - EXO, 2PM, 2AM, FT Island, SHINee, B.A.P, B1A4, Teen Top, Miss A, Sistar, Kara, 4Minute and IU - had been slated to perform at Gardens by the Bay in Singapore's inaugural K-pop extravaganza.
Tickets for the concert ranged from $168 to $688 and, according to The New Paper, over 16,000 fans had been expected to turn up.
A Fatfish spokesman told the paper that it had paid the full contractual amount due to MBC, but declined to reveal how many tickets had been sold so far.