Crest Securities Limited today executed a series of block trades on the Korean Stock Exchange transferring a portion of its holding in SK Corporation to a number of its wholly owned subsidiaries. The transfers were undertaken for internal risk management purposes and do not in any way reduce Crest's consolidated holding in SK Corporation.
Crest, a subsidiary of Sovereign Asset Management Limited, retains in full its 14.99% ownership and remains committed to improving corporate governance at SK Corporation."
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