Daewoo says no plan to change Myanmar investment

The oil firm's presence in Myanmar, where it leads a consortium that extracts gas offshore, has been frequently attacked by human rights activists.

In December, South Korean prosecutors charged 14 defense industry executives, including some from Daewoo International, with illegally exporting to Myanmar equipment and technology for making tens of thousands of artillery rounds.

"Many countries including U.S., France, India, China and Russia are either under production or under exploration in Myanmar. These are long-term plans, and they can't be impacted because of the protests," said the Daewoo spokesman.