Fatfish Entertainment has announced on their website and Facebook page that the “MBC Korean Music Wave in Singapore 2013 has been cancelled!”
This came in as the organisers said that the cancellation was “due to unforeseen circumstances including contractual difficulties with our co-producer, MBC.”
The organisation apologised to fans and is looking into refunding ticket holders.
Their press statement reveals the following:
We regret to announce that the MBC Korean Music Wave in Singapore 2013 has been cancelled due to unforeseen circumstances including contractual difficulties with our co-producer, MBC.
Your support has been much appreciated and we sincerely apologize to all the fans and ticket holders for any disappointment and/or inconvenience caused.
This is an unexpected turn of events and we are ascertaining how this cancellation will affect our financial position. We are currently seeking professional advice to see how we can best refund our ticket holders and other creditors. We will need some time for this and seek your patience and understanding during this difficult time.
Thank you again to all the fans and our partners and sponsors for your continued support.
The concert was slated to be the largest K-pop event in Singapore was scheduled to take place on November 16 at at Gardens by the Bay. This is the second major concert to be cancelled, the first being the 1 World Music Festival.
(Source)