SK Group Chairman Chey Tae-won faced a record RM2.63 billion divorce payment.
The Seoul High Court ordered SK Group Chairman Chey Tae-won to pay 944 billion won (RM2.63 billion) to his former wife Roh Soh-yeong as part of South Korea's largest-ever divorce settlement. This court ruling requires a cash payment.
This ruling has shifted investors' attention to SK Group shares. Markets are assessing how Chey will finance this large sum while maintaining his control over the energy-to-chip conglomerate.
This report was published by ANN - MySinchew.

