Grace Holdings becomes Hanjin KAL’s 2nd largest stakeholder
[DISCLOSURE] Grace Holdings announced on Nov. 15 that it has acquired 5,322,666 shares (9 percent stake) of Hanjin KAL (180640) at 24,557 won per share.
It has become the second largest stakeholder after Chairman Cho Yang-ho and those with special relationships who own 28.95 percent stake.
By Hwang You-mee (glamazon@heraldcorp.com)