9		Pantech Founder Back in Management Park Byeong-yeop By Kim Tong-hyung Staff Reporter   The shareholders of troubled Korean handset vendor, Pantech, granted company founder and chief executive Park Byeong-yeop options to buy 164 million shares of stocks, which represent about 10 percent of the company's total shares. Industry watchers believe that the decision, which followed an approval by the company's creditors, shows that Park, who also doubles as vice chairman, could be close to getting his second chance, being put in a position where he has a prayer of reclaiming management rights. ``Park is being credited for his efforts to put the company back on track over the past three years, and by granting him the stock options, creditors are now requesting him to do even more in upping the company's value,'' a Pantech official said. Pantech, currently delisted, had been under a debt rescheduling program since 2007 after struggling to weather the intensifying competition in the global handset market. Since the third-quarter of 2007, when the company went under the debt workout program, Pantech posted 5.9 trillion won (about $5.2 billion) in sales and 427 billion won in operating profit. Park's stock options were priced at around 600 won per share.