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Asia300

South Korea's SK group to open regional base in Malaysia

'Chaebol' seeks growth beyond China after setback during THAAD spat

SK group, based here in Seoul, is looking to expand in Southeast Asia and beyond.   © Reuters

KUALA LUMPUR -- South Korea's SK group will set up a regional headquarters in the Malaysian capital as a springboard to expansion in Southeast Asia, India and the Middle East. 

The group, which controls top South Korean wireless carrier SK Telecom, on Friday signed a memorandum of understanding with the Malaysian government on exploring investment opportunities in fields including fifth-generation wireless communications, oil and gas, green technology and smart cities. 

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