Korean Equities/Company Deep Dives
Is Hoban Group Trying to Take Over Korean Air?
Hoban Group, a mid-tier Korean homebuilder with no history in aviation, has spent four years quietly assembling a 20.15% stake in Hanjin Kal — the holding company that controls Korean Air — narrowing the gap with chairman Cho Won-tae's camp to roughly 0.4 percentage points. Hoban says the stake is a simple investment. But the timing lines up with a much bigger event: state-owned Korea Developmen..