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Hoban Group has become the largest shareholder of Hanjin KAL, the holding company of Hanjin Group, after acquiring more shares, and has notified the Fair Trade Commission of a business combination, according to KBS World and Yonhap. Business Korea reports that this has created uncertainty over management rights, with Hanjin Group Chairman Cho Won-tae signaling he will expand his own stake, intensifying the competition for control of the holding company.