[한화 KAI 인수] '집중투표제' 이사회 입성 통로 넓어진다

Hanwha Group's aggressive stake acquisition in defense contractor KAI, combined with the introduction of cumulative voting in September, significantly enhances the conglomerate's ability to gain board representation despite holding only a minority stake of around 12%. This strategic positioning is critical ahead of potential KAI privatization, as board membership would provide legitimate access to strategic and financial information. However, formidable regulatory barriers including the Defense Acquisition Act, the Export-Import Bank's controlling stake, and required government approval may ultimately block independent decision-making influence.