|
| |
 |
| Strategic Alliance with SK Group |
| |
| SK inks deal with AKTIS (http://www.koreatimes.co.kr/www/news/biz/2011/06/123_88233.html) |
|
|
| On 31st May 2011, Aktis Chongqing and SK Securities signed a strategic alliance agreement to develop co-investment opportunities in Western China. SK Group is one of the largest Korean conglomerates and has total assets of over USD 9.2 billion. The Aktis-SK alliance will provide the Fund with additional co-investment opportunities on larger projects and additional scale to the Aktis platform. |
|
| |
| SK Securities, one of the leading domestic brokerage houses, said Thursday that the Seoul-based outfit had sealed a strategic alliance early this week with AKTIS Capital Advisory, a private equity fund in Hong Kong. Under a memorandum of understanding, SK Securities plans to tap into the Chinese market, particularly the mid-west regions, with the supports of AKTIS that has a license for foreign exchange transactions in China.
| |
|
| ˇ§Typically, we have to undergo complicated procedures related to foreign exchange in order to do business in China. But the partnership with AKTIS will address the problems,ˇ¦ˇ¦ an SK Securities official said. SK Securities has made efforts to enter overseas markets. It established SK Securities Investment Asia this February aimed at markets in China and other Asian nations. | |
|
|
 |
|
 |
|
Aktis-SK Strategic Alliance
Left: Hyun-Seung Lee, President and CEO of SK Securities
Right: Danny Yee, Managing Director of Aktis Group |
|
|
