Monday, June 25, 2007

SK Corp. Shares Rise in Seoul Before Stock Is Halted for Re-organization

(Bloomberg) -- Shares of SK Corp., South Korea's
largest oil refiner, rose as much as 7.8 percent as investors
purchase the stock before a scheduled halt in trading this week
for a company re-organization.

SK Corp. shares climbed as much as 9,000 won to 124,000 won
and traded at 122,000 won at 9:46 a.m. in Seoul. Trading will be
halted on June 28 for a month, when the Seoul-based company will
split into a holding company structure.


Read more at Bloomberg Energy News

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