Hoban Group Expands Hanjin Kal Stake to 20.15% as of July 10, Narrowing Gap to 0.42 Percentage Points

According to E-Daily, Hoban Group expanded its stake in Hanjin Kal (180640) to 20.15% as of July 10, narrowing the gap with Jo Won-tae-affiliated shareholders to just 0.42 percentage points. The additional acquisition cost 128.9 billion Korean won. Since first acquiring Hanjin Kal shares in April 2022, Hoban Group has cumulatively invested 878.2 billion Korean won at an average purchase price of approximately 60,000 won per share. Based on the July 10 closing price of 134,700 won, the evaluation gain stands at approximately 1 trillion won, representing a 125.3% return on investment.
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