Hanjin Group chairman Cho Yang Ho could use some of his personal wealth to help Hanjin Shipping restructure.
The Maeil daily cited group and financial industry sources as saying the shipowner has not ruled out Cho contributing cash to its rehabilitation.
The news came as Hanjin submitted a new self-help plan to creditors.
Hanjin said on Thursday: “Please be advised that Hanjin Shipping has submitted its financial improvement plan to the creditors’ banks.”
“Hanjin
