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Hoban Group Secures Stake in Hanjin KAL, Raises Management Control Uncertainty

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, industry observers reported on Monday. As Hoban ascends to the position of the largest shareholder, uncertainty surrounds the direction of management rights in relation to Hanjin Group Chairman Cho Won-tae. A civic group has also filed a complaint alleging breach of trust over Hanjin-linked share deals.

  1. Hoban Notifies FTC of Biz Combination after Securing More Shares in Hanjin KAL KBS World · 2026-11-02
  2. [Company Focus] Hanjin KAL Faces Management Control Uncertainty Business Korea · 2026-11-02
  3. Civic Group Files Breach of Trust Complaint Over Hanjin-Linked Share Deals Business Korea · 2026-10-26

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