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SK Innovation offers funds to partner firms for six consecutive years

SK Innovation said Tuesday that it raised a 3.6 billion won ($2.9 million) fund in 2022 for its partner companies under the spirit of โ€œGrowing Together.โ€ The firm held the fund delivery ceremony at SK Innovation Ulsan Complex in Nam District, Ulsan. SK Innovation Vice Chairman Kim Jun participated in the event to deliver the money to six representatives of its partner firms.
Kim Jun Kim Jae Heun Sk Happiness Sharing Fund Vice Chairman Kim Jun Ulsan Complex Nam District

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Business leaders to visit Las Vegas for CES

SK Group Chairman Chey Tae-won, and top executives of Samsung Electronics, LG Electronics, HD Hyundai and other Korean companies are expected to take part in the Consumer Electronics Show (CES) this week as they are aim to read new trends in markets and technology while seeking to expand human networks at the worlds largest tech show, according to the companies, Sunday.
South Korea Cho Dae Sik Baek Byung Yeul Han Jong Hee William Cho Las Vegas

SK On to raise $2.17 bil. in rights offering

Korean battery maker SK On will raise a total of 2.8 trillion won ($2.17 billion) from its parent company and a few other local private equity funds (PEFs) by issuing new shares, in an effort to pool financial resources for business expansion. SK On will sell 36.4 million shares, worth 2 trillion won, to SK Innovation and 14.8 million shares, worth 824.3 billion won, to six local PEFs, including Korea Investment Private Equity, SK Innovation said in a regulatory filing.
Soult Ukpyolsi South Korea Kim Jun Blackrock Inc Carlyle Group Inc Korea Times

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