South Korea's SK Group to invest more in Malaysia after committing US$700mil in 2021. [Newspaper] (2022)
Abstract
KUALA LUMPUR: SK Group has committed over US$700 million investments in Malaysia last year and plans to invest further on 2022. SK Group, the second largest conglomerate in South Korea with a market capitalisation of US$177 billion, said building on its investments in 2021, Malaysia remained a strong investment destination for the group. SK Malaysia chief representative Jung Kyu Kim said the group was confident that its experience in financial tech services would contribute to successful digital bank ecosystem in Malaysia and further growth into the Asean region. "As the group expands rapidly into new industries globally especially in sectors benefiting the environment and human health, SK Group continues to look for further investment opportunities in Malaysia.
| Item Type: | Newspaper |
|---|---|
| Keywords: | Investment, Revenue growth, Digitalisation, Electric vehicle (EV), Digital banking |
| Taxonomy: | By Subject > Business & Management > Finance |
| Local Content Hub: | Subjects > Business & Management |
| Depositing User: | Jamil Jawi |
| Date Deposited: | 08 Mar 2022 23:40 |
| Last Modified: | 09 Mar 2022 08:32 |
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