SEOUL, Dec. 22 (Korea Bizwire) – SK Holdings is increasingly pursuing shareholder-friendly polices, including an e-voting system, in a move to improve shareholder value and help satisfy all the interested parties including customers, stockholders and society. According to SK Holdings, a plan to introduce an electronic voting system next year was passed during a board [...]
NEW YORK, Sept. 28 (Korea Bizwire) — The chief of South Korean conglomerate SK Group said Thursday its chipmaking unit’s participation in a deal to acquire Toshiba Corp.’s memory business still has many hurdles to clear, adding he will keep the company on its toes until the deal is finalized. Japanese tech giant Toshiba signed [...]
SEOUL, Jul. 25 (Korea Bizwire) — SK Holdings Co., the holding firm of South Korean energy and telecoms conglomerate SK Group, said Tuesday that its board of directors decided to buy a stake in a Chinese logistics developer for 372 billion won (US$333 million). In a regulatory filing, SK said it will buy some 262 [...]
SEOUL, Jul. 20 (Korea Bizwire) — SK Group will take steps to boost domestic consumption, including encouraging its employees to take long vacations and facilitate growth of subcontractors, corporate sources said Thursday. CEOs of the group’s key subsidiaries met in Seoul on Tuesday where they discussed enhancing work effectiveness and contributing to spurring local demand, [...]
SEOUL, Jul. 9 (Korea Bizwire) — SK Group Chairman Chey Tae-won recently met with government officials in China to discuss possible investments in a variety of business sectors, the company said Sunday. On Friday, SK Chairman Chey had meetings with officials from the Tianjin City to share views on petrochemicals, semiconductors, environment-friendly energy and bio [...]
SEOUL, Jun. 29 (Korea Bizwire) — SK Group, a South Korean energy and telecom conglomerate, said Thursday that it plans to strengthen business ties and expand investment in the U.S. shale gas sector. Chey Tae-won, chairman of SK Group, attended a ceremony in Washington on Wednesday (local time) to sign a memorandum of understanding with [...]
SEOUL, Jun. 20 (Korea Bizwire) — The head of SK Group, South Korea’s third-largest conglomerate, stressed on Monday a need for his firm to play a bigger role in “sharing the profit” with smaller companies, in an apparent move to be in step with the new government’s policy drive. “SK should feel deeply responsible for, [...]
SEOUL, June 7 (Korea Bizwire) – South Korean conglomerate SK Group held its 2017 SK Global Forum in New Jersey, America last Saturday in search of global human resources, as part of its preparation for a foray into the global market, the company said yesterday. Members of SK Group’s senior management team including SK Energy [...]
SEOUL, May 16 (Korea Bizwire) — SK Group has appointed Jerry Wu, a former financial expert in investment banking, as the new CEO of SK China as part of a major shake-up to revamp its business strategy amid Chinese economic sanctions and anti-South Korean sentiment over the deployment of a THAAD missile defense system, the [...]
SEOUL, April 14 (Korea Bizwire) – SK Group’s chief has shown a strong will to take over the memory division of Japanese tech giant Toshiba Corp., as the group’s chipmaking unit, SK hynix Inc., joined the race for the acquisition. “The bidding for Toshibia that is currently being processed is not binding. Accordingly, the price [...]