Brief: Vietnam's Masan says SK Group has not exercised put option

SK

24/06/2024 02:36

June 24 (Reuters) - Masan Group Corp MSN.HM:
    * ON SOUTH KOREAN SK GROUP'S PUT OPTION EXERCISE SAYS: TO
DATE, SK
HAS NOT EXERCISED THE PUT OPTION 
    * SAYS TWO COMPANIES ARE IN THE FINAL STAGE FOR AN ORDERLY
AND
MARKET-BASED PROCESS FOR SK GROUP TO REDUCE STAKES
    * SAYS THE PROCESS IS DESIGNED TO PROTECT AND MAXIMIZE THE
INTERESTS OF THE SHAREHOLDERS OF BOTH COMPANIES

Further company coverage:  034730.KS   MSN.HM 

 (Reporting by Phuong Nguyen; Editing by Kim Coghill)
 ((Phuong.Nguyen@thomsonreuters.com;))