Hanjin KAL's Largest Shareholder Changes... From Chairman Cho Wontae's Side to Hoban Construction
Hoban Construction holds a 20.69% stake
0.11 percentage points ahead of Chairman Cho’s side
Hoban Construction has replaced Hanjin Group Chairman Cho Won-tae’s side as the largest shareholder of Hanjin KAL, the holding company of Hanjin Group.
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Hanjin KAL disclosed on November 4 that its largest shareholder had changed, as Hoban Construction and its specially related parties hold 13,814,053 common shares, or 20.69%, of the company.
The gap between their stakes and those of Chairman Cho’s side is 0.11 percentage points. Chairman Cho’s side could regain its status as the largest shareholder if it purchases additional shares early next month.
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