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The concert, which would've been the biggest K-pop festival in Singapore so far, was scheduled for November 16 and featured TaeTiSeo as hosts as well as a lineup including: SHINee, TEEN TOP, B1A4, B.A.P, 2PM, 2AM, F.T. Island, EXO, IU, SISTAR, KARA, miss A, and 4minute.

Organizer Fatfish Entertainment announced on Facebook:

"We regret to announce that the MBC Korean Music Wave in Singapore 2013 has been canceled 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."

Tip: Thank you to everyone who sent this in.