Bando Construction, which is allied with former Korean Air vice president Cho Hyun-ah, has reportedly bought additional shares of Hanjin Kal, the holding company of Hanjin Group. The stake is estimated to be around 4 percent, which will increase the stake rate from Hanjin Group Chairman Cho Won-tae's side.
Bando Construction, bought 4 percent more shares in Hanjin Kal...The Fierce Brother and Brother's Rebellion

According to the financial investment industry on the 19th, Bando Construction has purchased about 2.7 million shares of Hanjin Kal in the stock market since the 13th. The securities industry estimates that the buying entity that bought Hanjin Kal on a large scale during the period is another corporation, which is one of the affiliates of the peninsula construction industry. Based on the closing price of the day, the same day.

According to industry estimates, the stake in the "three-way alliance" -- former vice president Cho, KCGI (strong-debut fund) and peninsula construction -- will rise to 36.65 percent. Cho's share, including Cho's mother, Lee Myung-hee, an advisor to Chungseok Enterprise Co., and Cho Hyun-min, a former manager of Hanjin Carl Co., is estimated to be 34.45 percent, even when adding Kakao, which has bought an additional 1 percent of its shares this year. The additional purchase of the peninsula's construction unit reversed the stakes of both sides.