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Hoban Group Secures Stake in Hanjin KAL, Management Control Uncertainty Persists
Hoban Group has notified the Fair Trade Commission of a business combination after acquiring more shares in Hanjin KAL, the holding company of Hanjin Group, according to KBS World. As Hoban ascends to the position of the largest shareholder, uncertainty remains regarding the direction of management rights in relation to Hanjin Group Chairman Cho Won-tae, Business Korea reports. A civic group has also filed a complaint alleging breach of trust over Hanjin-linked share deals.


















