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[Management Dispute] Hoban Group's stake in Hanjin KAL exceeds 20%... Only 0.42%p away from Cho Won-tae's side, will it escalate into a management dispute?

Hoban Group's stake in Hanjin KAL, the parent company of Korean Air, has reached 20.15%, narrowing the gap with Chairman Cho Won-tae's side to just 0.42 percentage points. While Hoban maintains it is a "simple investment," its consistent share accumulation over four years has raised market speculation regarding a potential management dispute.