Hanjin-KAL fends off activist fund’s challenge over directors

KCGI vows to continue challenging chaebol's board

KIM JAEWON, Nikkei staff writer

SEOUL -- Hanjin-KAL on Thursday fought off an attempt by a leading shareholder to unseat a director close to the South Korean conglomerate's controversial chairman, who earlier this week was ousted from the group's Korean Air Lines after being indicted for embezzling corporate funds.

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