Articles > Business magazines > International magazines > China Business News articles > August 2007

Article: SK Telecom to convert China Unicom bonds into shares.

Article from:
China Business News
Article date:
August 21, 2007
Copyright

SK Telecom to convert China Unicom bonds into shares

Shanghai. August 21. INTERFAX-CHINA - China Unicom (HK), the Hong Kong- listed arm of China's second largest mobile operator, announced today that South Korea's SK Telecom Co. Ltd. will convert the $1 billion worth of convertible bonds it purchased from China Unicom into shares of China Unicom.

SK Telecom informed China Unicom yesterday that it wished to convert the bonds into shares at HKD 8.63 ($1.10) per share, China Unicom said.

China Unicom will issue 899.8 million conversion shares to SK Telecom, making SK Telecom its shareholder, owning a 6.61 percent equity stake.

After the ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: China Unicom and SK Telecom enter ...
China Business News;  June 21, 2006 ;     700+ words ...China Unicom and SK Telecom enter strategic agreement ... Pursuant to the agreement, China Unicom appointed SK Telecom as its sole and exclusive ... base as of May 31, 2006. SK Telecom and China Unicom have been partners since ...

Article: SK Telecom to retain China Unicom's ...
China Business News;  May 29, 2008 ;     700+ words ...SK Telecom to retain China Unicom's shares after telecom ... China Unicom. The number of China Unicom shares that SK Telecom holds will not change ... second largest shareholder. SK Telecom and China Unicom have a partnership in CDMA ...

Article: SK Telecom may convert $1 bln China ...
China Business News;  July 2, 2007 ;     590 words ... ... Telecom, told Interfax. SK Telecom, which bought China Unicom's convertible bonds ... this year, Kang said. SK Telecom and China Unicom have been partners since ... September of last year, China Unicom and SK Telecom signed Samsung, ...

Article: CHINA-CHINA UNICOM-SK TELECOM-CDMA ...
China Business News;  July 4, 2002 ;     658 words ...China Unicom and SK Telecom to set up CDMA wireless Internet ... Internet joint venture in China. China Unicom and SK Telecom will form a number of working ... this year. Under the MoU, China Unicom and SK Telecom will jointly promote the ...

Article: China Unicom and SK Telecom sign ...
China Business News;  September 27, 2006 ;     700+ words ...China Unicom and SK Telecom sign joint CDMA handset procurement ... China Unicom announced. China Unicom and SK Telecom signed memorandums of understanding ... stake in China Unicom. China Unicom appointed SK Telecom as ...

Article: CHINA UNICOM, SK TELECOM BUILD JOINT ...
AsiaInfo Services;  April 12, 2004 ;     320 words ... ... 04-12-2004 China Unicom, SK Telecom Build Joint Venture ... via COMTEX) -- China Unicom, a Chinese telecoms operator, and SK Telecom, a South Korea ... CDMA service of China Unicom. In 2003, SK Telecom gained sales revenue ...

Article: SK Telecom, China Unicom sign deal on ...
YON - Yonhap News Agency of Korea;  September 27, 2006 ;     700+ words ... ... the day with China Unicom Ltd., China ... mobile operator, SK Telecom said it will ... alliance with China Unicom," SK Telecom CEO Kim Shin ... comes after SK Telecom spent around ... convertible bonds of China Unicom in an effort ...

Article: SK TELECOM, CHINA UNICOM SIGN DEAL ON ...
AsiaPulse News;  September 26, 2006 ;     700+ words ... ... the day with China Unicom Ltd., China ... mobile operator, SK Telecom said it will ... alliance with China Unicom," SK Telecom CEO Kim Shin ... comes after SK Telecom spent around ... convertible bonds of China Unicom in an effort ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives