Hanjin KAL's Largest Shareholder Changes from Chairman Cho Won-tae's Side to Hoban Construction

The largest shareholder of Hanjin KAL, the holding company of Hanjin Group, has changed from Hanjin Group Chairman Cho Won-tae's side to Hoban Construction's side.

Hanjin KAL announced today (the 4th) that its largest shareholder has changed as Hoban Construction and its specially related parties now hold 13,814,053 common shares (20.69%) of Hanjin KAL.

Hoban Construction's stake is 0.11 percentage points higher than the 20.58% stake held by Chairman Cho and his specially related parties.

However, if Chairman Cho's side additionally acquires shares early next month, they could regain the status of largest shareholder.

(Photo: Provided by Hoban Construction, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.