SK Group

Retail Asia27/12/2022

South Korea’s second-largest conglomerate SK Group said on Monday it is considering selling some of its assets in Southeast Asia and reinvesting in other businesses in countries in the region, including Vietnam. An SK Group spokesperson said in a statement that the conglomerate plans to decide which assets to sell depending on buyers’ offers, and […]

Retail Asia24/09/2018

SK Group will acquire a 9.5 percent stake in Vietnamese food and beverage company Masan Group to become its largest foreign shareholder. The Korean conglomerate announced Wednesday that it has agreed to acquire the stake at $470 million. The two companies will jointly look for business opportunities in Vietnam through strategic investments. Masan Group is […]

Retail Asia27/12/2016

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A total of 33 relatives from the families that control Samsung, Hyundai Motor, SK, LG, Lotte and other conglomerates dominate the country’s wealthiest list. Unhealthy ties between Korean conglomerates and the government have long been cited as a factor that prevents Korea from moving forward. A recent comment by a chaebol chief at a parliamentary […]

Retail Asia22/11/2016

South Korean LPG providers sold 6.4 million mt LPG in the domestic market over January-September, up 17.4% year on year, amid lower retail prices and stronger demand for petrochemical production, company officials said Friday. The rise outpaced the 0.8%-increase seen for full-year 2015 sales, when the suppliers sold 7.52 million mt, up from 7.46 million […]

Retail Asia26/09/2015

Shinsegae Co., a leading South Korean retail conglomerate, said Tuesday it will bid for a new duty-free store in downtown Seoul and relocate the current shop in the southern port city of Busan to defend the license set to expire this year. Shinsegae said it will apply for the highly competitive bid as three duty-free […]

Tag: SK Group

South Korea’s SK Group may sell some Southeast Asia assets

SK buys 9.5% stake in Vietnam’s Masan Group

A look at 5 richest conglomerate families in South Korea

South Korea’s LPG sales jump 17% to 6.4 mil mt over Jan-Sep on strong petchem demand

Shinsegae joins race for duty-free shop in Seoul