Gangjee (71), at even par, was way behind the two leaders -- Kyungnam Kang and Junsung Kim -- who fired matching six- under-par 65s to share the first round lead.
Defending champion Gaganjeet Bhullar had two bogeys and two birdies till he had double on the 18th for a two-over 73 and was tied 79th, the same as Jeev Milkha Singh, who won his pro title in Korea back in 1994.
Co-leader Kim had the honour of recording the tournament's first hole-in-one when he aced the par-three 12, while Kang fired seven birdies against a lone bogey to set the early pace at the KRW1.2 billion (approximately USD 1.06 million), co-sanctioned by the Asian Tour and the Korean PGA.
The Korean duo hold a two-shot advantage over a quartet of players that include Korean-American Chan Kim, France's Lionel Weber as well as compatriots Younghan Song and Seungtaek Lee.
Korea's Sangmoon Bae struggled in his first professional event since being discharged from military service when he signed for a 74 to stay well off the pace in tied-98th place.
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