(EnergyAsia, March 22) — Two agencies have raised the management and credit rating of Korea’s largest refiner, SK Corp, strengthening chairman Chey Tae-won’s hold on the company. US investment bank Merrill Lynch and Korea Ratings have issued separate reports that are highly favourable to Mr Chey’s management, which earlier had faced a no-confidence vote…
KOREA: Agencies give SK Corp a ratings boost
Posted on March 22, 2005 by EnergyAsia