Hanjin KAL stake battle: Hoban becomes largest shareholder while Cho Won-tae keeps management control
What happened
According to Investchosun, Hoban Group is now the largest shareholder of Hanjin KAL (한진칼), while Cho Won-tae retains management control. Reports describe an ongoing contest over shares and control.
When it started
The reports were published around November 10–11, 2026. The exact date Hoban overtook other holders is not stated in the sources provided.
How it spread
According to Chosun Biz's Honeybee column, Hoban gradually bought shares over time to become the largest holder. Yonhap reports that Hanjin KAL and other preferred shares rose sharply, with some hitting daily upper limits, on the stake competition and management-rights issues.
Why it matters
Investchosun describes the dispute as entering a long-term phase. The sources do not give details of the next steps or any formal outcome, so the situation remains open.