Sk Group

Briefs, February 1, 2013

Pakistan has approved a deal transferring from Singapore to China the management of the strategically located deep-sea Gwadar port on the Arabian Sea.

Friday, 1 February, 2013, 3:29am

China Mobile enters gaming pact

China Mobile and South Korea's SK Telecom, the largest wireless network operators in their markets, have agreed to collaborate on mobile gaming content for the mainland.

The initiative is to be undertaken by China Mobile's unit in Jiangsu, one of the country's most prosperous provinces, based on a memorandum of understanding (MOU) signed by the operators last Friday.

11 Apr 2011 - 12:00am

Sinopec in talks to buy into Incheon offering

China Petroleum & Chemical Corp (Sinopec) is in talks with SK Corp, South Korea's largest oil refiner, about potentially investing in the planned initial public offering of its refining unit SK Incheon, an official at SK said.

According to the Korean company, the talks are part of wider negotiations on co-operation between the two companies, which already have dealings.

1 May 2007 - 12:00am

Sinochem renews bid to take over Korean refinery

Chinese state-run Sinochem Corp is one of a dozen entities from South Korea and overseas that have expressed intent to bid for Incheon Oil Refinery, according to officials at Incheon District Court.

13 Jul 2005 - 12:00am

Koreans tune into DMB service

Provider confident that its paid satellite offering will prove more popular than free terrestrial rival

As 3G mobile network operators struggle to find viewers for video clips and other media services, a rival technology in South Korea is rapidly finding an audience.

28 Jun 2005 - 12:00am

Corrections & clarifications

Sovereign Asset Management has twice attempted to oust the chief executive of SK Corp, South Korea's largest oil refiner, but has never launched a takeover bid for the company. This was erroneously noted in a picture caption on B5 on Monday.

30 Mar 2005 - 12:00am

Activists score virtuous dividend

Although shareholder activists lost a battle yesterday with the re-election of convicted fraudster Chey Tae-won as chairman of Korean oil refiner SK Corp, they have every incentive to keep fighting the war.

12 Mar 2005 - 12:00am

Chaebol in the dock as shareholders come to the fore

Consider Chey Tae-won the US$2 billion man. According to one study by two brokerage analysts, that is roughly how much the chairman of Korean communications-to-chemicals conglomerate SK Corp is dragging down its stock-market capitalisation by his presence on the board of directors.

2 Mar 2005 - 12:00am

SK Corp faces Sovereign legal action

Monaco-based largest shareholder denies the move to oust the company's convicted chairman is a takeover attempt

The largest single shareholder in South Korea's SK Corp, Sovereign Asset Management, is poised to take legal steps in a bid to bar chairman and convicted criminal Chey Tae-won from the board.

8 Nov 2004 - 12:00am

Salomon backs Asian telecom carriers

Salomon Smith Barney is upbeat on the Asia telecommunications sector due to the ability of carriers to generate strong free cash flow.

18 Jun 2002 - 12:00am