The Korea Herald

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Hanjin Group owner and family to participate in KAL's capital increase

By 황유미

Published : June 15, 2016 - 17:00

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[DISCLOSURE] Hanjin KAL (180640) said seven people with special relationships, including Hanjin Group chairman Cho Yang-ho and his three offspring, will participate in a capital increase, in a statement released on June 15. They will invest a total of 24.7 billion won ($21 million) and will own 27.2 percent of shares.