{"id":831,"date":"2020-05-11T09:57:01","date_gmt":"2020-05-11T00:57:01","guid":{"rendered":"https:\/\/askinno.com\/global\/?p=831"},"modified":"2024-01-24T13:49:24","modified_gmt":"2024-01-24T04:49:24","slug":"sk-energy-and-sk-trading-international-donated-covid-19-diagnostic-kits-to-myanmar","status":"publish","type":"post","link":"https:\/\/askinno.com\/global\/archives\/831","title":{"rendered":"SK Energy and SK Trading International donate COVID-19 diagnostic kits to Myanmar"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 12pt;\"><strong>\u25a0 SKE\u00b7SKTI donated COVID-19 diagnostic kits worth about 50,000 USD to Myanmar, one of their major international business hubs<\/strong><br \/>\n<span style=\"font-family: 'Nanum Gothic', sans-serif;\">&#8211; Last year, SKE\u00b7SKTI acquired 35% stakes of BOC, Myanmar\u2019s\u00a0largest oil distribution group\u00a0for a new growth opportunity<\/span><br \/>\n<strong>\u25a0 Suh Sok-won, CEO of SKTI, said, \u201cThe donation is part of humanitarian efforts and I hope it will help enhance amicable relations of both companies and both countries.\u201d<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 12pt;\">SK Energy, SK Innovation\u2019s subsidiary for the oil business, and SK Trading International provided Myanmar with 4,000 diagnostic kits for COVID-19.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 12pt;\">On May 9, SK Energy and SK Trading International announced that they donated 4,000 diagnostic kits to detect COVID-19 that cost about $50,000 to Myanmar, which is one of their major international business hubs. As the virus is spreading around the country with 176 confirmed cases and\u00a06 deaths, shortage of the diagnostic kits is preventing people in Myanmar from getting tested for the virus.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 12pt;\">On May 8, the two companies sent 4,000 diagnostic kits to the country by a Myanmar flight. In cooperation with the Korean ambassador to Myanmar, they were able to send the kits without paying for the cost of air freight consignment. The kits were received by Myanmar\u2019s Ministry of Health and Sports upon arrival at the airport.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 12pt;\">The diagnostic kits were made by Korean manufacturer BioSewoom Inc.,\u00a0approved by Korean MFDS (Ministry of Food and Drug Safety) and also received emergency use authorization from the U.S. FDA. Their quality and capability have already been proven as they have been exported to dozens of countries around the world including the U.S., Europe and Southeast Asia.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 12pt;\">SK Energy and SK Trading International have increased their presence in Myanmar. Last July, the two companies signed an agreement to purchase 35% of stakes &#8211; each of the companies acquired 17.5% of BOC (Best Oil Company), Myanmar\u2019s largest oil distribution group. They completed the equity acquisition in last December.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 12pt;\">BOC is a holding company with subsidiaries for import and distribution of petroleum products as well as operation of a terminal for petroleum products import. During the equity acquisition, SK explained that the agreement is a strategic investment in exploring a new growth opportunity by having a reliable export and trading market and entering the oil distribution market of Myanmar.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 12pt;\">Suh Sok-won, CEO of SK Trading International, said, \u201cMyanmar is important to our business, which is well demonstrated with our cooperation with BOC but the donation of the kits was decided from humanitarian perspective because we wanted to provide assistance for the country when we heard the country is facing difficulties of COVID-19 testing due to shortage of diagnostic kits.\u201d He added, \u201cWith the donation, I hope not only Korea but Myanmar will get through this tough time, and both companies and furthermore, both countries will enhance our amicable relations.\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 100%; max-width:1180px; border: 2px solid #d5d5d5; padding: 5px 0px; line-height: 26px; font-size: 16px;\">\n<div style=\"padding: 0px 10px;\">\n<div style=\"margin-top: 10px; margin-bottom: 10px; text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 11pt;\"><span style=\"font-size: 12pt;\"><strong>\u25a0 Related Articles<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\">&#8211; <a href=\"https:\/\/askinno.com\/global\/archives\/489\" target=\"_blank\" rel=\"noopener\">SK Acquires a Stake in Myanmar\u2019s Second-largest Oil Distribution Company<\/a><\/span><br \/>\n<\/span><\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 12pt;\"><strong>[Photos]<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic',sans-serif; font-size: 11pt;\"><strong>(Photos 1)<\/strong> From left, SK Trading International professional leader in charge of Myanmar Business Kim Tae-jin, BOC Chairman Aung Shwe, Korean Ambassador in Myanmar Lee Sang-hwa, and Myanmar&#8217;s Ministry of Health and Sports Department of Medical Research Director General Dr. Zaw Than Htun\u00a0take pictures after the donation ceremony.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic',sans-serif; font-size: 11pt;\"><strong>(Photos 2)<\/strong> SK Trading International\u00a0professional leader in charge of Myanmar Business Kim Tae-jin (third from left), BOC Chairman Aung Shwe (fourth from\u00a0left), Korean Ambassador in Myanmar Lee Sang-hwa (fourth from right), Myanmar&#8217;s Ministry of Health and Sports Department of Medical Research Director General Dr. Zaw Than Htun (third from right)\u00a0and\u00a0representatives from both sides\u00a0take pictures after the donation ceremony.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-70609\" src=\"https:\/\/askinno.com\/wp-content\/uploads\/2020\/05\/\uc0ac\uc9c41.jpg\" alt=\"\" width=\"4032\" height=\"3024\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-70610\" src=\"https:\/\/askinno.com\/wp-content\/uploads\/2020\/05\/\uc0ac\uc9c42.jpg\" alt=\"\" width=\"1600\" height=\"1200\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u25a0 SKE\u00b7SKTI donated COVID-19 diagnostic kits worth about 50,000 USD to Myanmar, one of their major international business hubs &#8211; Last year, SKE\u00b7SKTI acquired 35% stakes of BOC, Myanmar\u2019s\u00a0largest oil distribution group\u00a0for a new growth opportunity \u25a0 Suh Sok-won, CEO of SKTI, said, \u201cThe donation is part of humanitarian efforts and I hope it will &#8230; <a title=\"SK Energy and SK Trading International donate COVID-19 diagnostic kits to Myanmar\" class=\"read-more\" href=\"https:\/\/askinno.com\/global\/archives\/831\" aria-label=\"Read more about SK Energy and SK Trading International donate COVID-19 diagnostic kits to Myanmar\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[64,4,8,55,1632],"tags":[125,137,22,138,75],"class_list":["post-831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-csr-program","category-press-room","category-press-release","category-social-value","category-sustainability","tag-donation","tag-myanmar","tag-sk-energy","tag-sk-trading-international","tag-social-value"],"acf":[],"_links":{"self":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/comments?post=831"}],"version-history":[{"count":24,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/831\/revisions"}],"predecessor-version":[{"id":5567,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/831\/revisions\/5567"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media\/837"}],"wp:attachment":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media?parent=831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/categories?post=831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/tags?post=831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}