All Proposals for Appointment of Outside Directors Recommended by Hanjin KAL Board Passed...3-Party Coalition Faces Defeat

[Asia Economy Reporter Yu Je-hoon] All outside director candidates recommended by the Hanjin KAL board of directors were approved. On the other hand, all candidates recommended by the shareholder coalition (three-party coalition) for the normalization of the Hanjin Group were rejected.

Hanjin KAL held its 7th regular shareholders' meeting on the afternoon of the 27th at the Hanjin Building in Sogong-dong, Jung-gu, Seoul. The meeting saw a high attendance rate, with 84.93% of voting shares present.

Regarding agenda item No. 2 (appointment of outside directors), all outside director candidates recommended by the Hanjin KAL board were approved. Candidate Kim Seok-dong (former Financial Services Commission chairman) was approved with 56.39% in favor and 43.44% opposed, and candidate Park Young-seok was approved with 56.84% in favor and 42.99% opposed.

Additionally, the appointment proposals for ▲candidate Lim Chun-soo (56.26% in favor, 43.57% opposed), ▲candidate Choi Yoon-hee (56.85% in favor, 42.98% opposed), and ▲candidate Lee Dong-myung (55.59% in favor, 44.24% opposed) all passed without issue.

On the other hand, the appointment proposals for outside director candidates from the three-party coalition?Seo Yoon-seok, Yeo Eun-jung, Lee Hyung-seok, and Koo Bon-joo?were all rejected. The proposal for candidate Seo, who received support from the National Pension Service, was rejected with 47.24% in favor and 52.42% opposed.

The other three-party coalition candidates also failed to pass, with ▲candidate Yeo receiving 43.23% in favor and 56.43% opposed, ▲candidate Lee receiving 43.22% in favor and 56.44% opposed, and ▲candidate Koo receiving 43.14% in favor and 56.53% opposed.

This content was produced with the assistance of AI translation services.