Ask what Korea is talking about.

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 around the direction of management rights in relation to Hanjin Group Chairman Cho Won-tae. Korean media coverage focuses on the corporate governance implications, with industry observers noting the intensifying contest for control of the group's holding entity.