Danes pull out of Burma oil stocks

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DENMARK - Pensionskassernes Administration (PKA) has announced it has acted to divest its DKK65m (US$12m) holding in oil companies working in Burma.

PKA which manages DKK114bn (US$21.5bn) for eight pension funds, said the board had taken this decision due to political sentiment in the country. A PKA spokesman told Global Pensions: “The gover...

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