Hoban Construction increased its equity in Hanjin KAL to more than 20%. It expanded its equity through on-exchange purchases but kept the purpose of holding as the same "simple investment."
According to the Financial Supervisory Service's electronic disclosure system on the 10th, Hoban Construction disclosed through a report on the status of large holdings of stocks, etc., that its equity in Hanjin KAL increased to 20.15% (13,454,674 shares).
At the time of the previous report, the held equity was 18.46% (12,321,774 shares), and with an additional 1,132,900 shares secured this time, the equity ratio rose by 1.69 percentage points.
The reason for the equity change is the acquisition of shares through on-exchange purchases and the addition of a specially related party.
Hoban Hotel & Resort additionally bought 1,020,755 Hanjin KAL shares on the market, and Hoban Industry was newly included as a specially related party. The current equity held by affiliates is Hoban Construction 11.50%, Hoban Hotel & Resort 8.34%, Hoban Industry 0.17%, and Hoban Co., Ltd. 0.15%.
Hoban Construction also listed the purpose of holding Hanjin KAL shares as a "simple investment" in this disclosure.