SK Gas Acquires Additional 60 Billion KRW Shares of Affiliate Ulsan GPS
[Asia Economy Reporter Seungjin Lee] SK Gas announced on the 4th that it will additionally acquire 12 million shares of Ulsan GPS, a subsidiary engaged in combined power generation (LNG/LPG) business, for 60 billion KRW.
After the stock acquisition, SK Gas's stake in Ulsan GPS will be 98.7%. The scheduled date for the stock acquisition is the 18th.
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SK Gas stated that the purpose of this stock acquisition is "to secure operating and investment funds for the promotion of Ulsan GPS's power generation business."
This content was produced with the assistance of AI translation services.
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