SK buys stake in Myanmar oil firm for 150 bln won

SEOUL, July 19 (Yonhap) — SK Innovation Co., South Korea’s top refiner, said Friday its two affiliates have acquired a 35 percent stake in Myanmar’s second-largest petroleum product distributor, for 150 billion won (US$127 million). SK Innovation said the two units — SK Energy Co. and SK Trading International Co. — will each have a […]