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Hoban Group has notified South Korea's Fair Trade Commission of a business combination after acquiring more shares in Hanjin KAL, the holding company of Hanjin Group, according to KBS World. Business Korea reports that Hoban Group has ascended to the position of the largest shareholder of Hanjin KAL, creating uncertainty surrounding the direction of management rights in relation to Hanjin Group Chairman Cho Won-tae. The reports, dated Nov. 2, indicate that Hoban's increased stake positions it as a major force in the ongoing control battle, though specific share percentages or further details of the acquisition were not provided in the available coverage.