SK Gas Confirms Subsidiary Completes Sale of 15% Stake in Advanced Polyolefins on Oct. 16

Bitget2026/10/18 22:34

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SK Gas corrected its subsidiary’s disposal completion date to October 16, 2026, from the previously scheduled October 30, 2026.
SK Gas Petrochemical sold all 38,469,375 shares in Advanced Polyolefins Industry, representing a 15% stake, through a put option exercise.
Cash proceeds totaled USD 129 million; the subsidiary also expects to acquire a stake in SK Advanced as put option consideration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SK GAS Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261019800002), on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SK Gas Confirms Subsidiary Completes Sale of 15% Stake in Advanced Polyolefins on Oct. 16

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