SEOUL, May 21 (Korea Bizwire) – Energy-to-telecom conglomerate SK Group on Tuesday unveiled a system to measure the social value created by its affiliates, emphasizing its new business philosophy to share benefits with society. Social value refers to the achievements of a company in resolving various social issues, such as pollution and jobs, through its [...]
SEOUL, May 16 (Korea Bizwire) — Energy-to-telecom conglomerate SK Group said Thursday it will invest US$ 1 billion in Vietnam’s leading conglomerate in a bid to expand its presence in the Southeast Asian market. SK Group said it has signed a deal to buy a 6.1 percent stake in Vingroup, with the deal also calling [...]
SEOUL, Feb. 24 (Korea Bizwire) — SK Holdings Co., the holding firm of South Korean conglomerate SK Group, ranked No. 1 among all stocks listed on the main bourse in terms of conversion prices, the Korea Exchange (KRX) said Sunday. The conversion price of SK Holdings was 6,775,000 won (US$6,022) based on Friday’s closing price [...]
SEOUL, Nov. 30 (Korea Bizwire) — Chey Tae-won, the chairman of SK Group, has revealed that the company is willing to boost investment in a new electric car battery plant in the U.S. state of Georgia. Construction of the plant is expected to kick off next year. Chey visited SK’s Washington D.C. office on November [...]
WASHINGTON, Nov. 28 (Korea Bizwire) — The chairman of South Korea’s SK Group was in Washington on Wednesday, vowing to make a commitment not only to the U.S. market but also its people and society. Chey Tae-won, who heads South Korea’s third-largest conglomerate by assets, formally opened the Washington office of chipmaker SK hynix Inc. [...]
SEOUL, Nov. 9 (Korea Bizwire) — Vietnamese Prime Minister Nguyen Xuan Phuc has asked the chairman of South Korea’s SK Group to participate in the privatization of state-owned companies in one of the world’s fastest growing economies, the conglomerate said Friday. “We will spare no effort in providing comprehensive assistance in cooperation with SK,” Phuc [...]
SEOUL, Nov. 5 (Korea Bizwire) — SK Group has vowed to create more social value within the community by kicking off an environmental campaign that aims to reduce the use of disposable cups within the company. According to a source within SK Group, companies currently situated within the SK Building in Jongno, Seoul including SK [...]
SEOUL, Oct. 19 (Korea Bizwire) — SK hynix Inc., SK Innovation Co. and SK Telecom Co., the three major companies that fall under the corporate umbrella of the SK Group, will be setting up a joint booth at the upcoming 2019 International CES to be held early next year in Las Vegas, Nevada. CES is [...]
SEOUL, Oct. 1 (Korea Bizwire) — SK Group is said to be moving forward with the sale of SK Shipping Co., a subsidiary of the South Korean conglomerate. According to industry sources, SK Group is currently negotiating with private equity fund Hahn & Company regarding the sale of SK Shipping. Hahn & Company is said [...]
SEOUL, Jun. 5 (Korea Bizwire) — SK hynix Inc., the world’s second-largest memory chip manufacturer, said Tuesday that it will set up a foundation as part of SK Group’s broader efforts to create social value. The foundation is designed to, among other things, foster experts in such fields as safety, health and environment by offering [...]