Hanjin Group owner and family to participate in KAL's capital increase
June 15, 2016
[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.