Channel NewsAsia
AsiaPac · 3 hrs ago
AI boom raises stakes ahead of South Korea court ruling on SK chairman divorce payout
SEOUL, July 24 : A South Korean court is due to rule on Friday on how much SK Group Chairman Chey Tae-won must pay his former wife, Roh Soh-yeong, in a high-profile divorce case that has drawn attention to the billionaire's stake in the country's second-largest conglomerate. The Seoul High Court is scheduled to deliver its ruling on the division of assets at 2 p.m. local time (0500 GMT), nine months after the Supreme Court sent the case back for reconsideration. The divorce itself and 2 billion won ($1.36 million) in damages have already been finalised, leaving only the amount of asset settlement in dispute. The ruling comes as SK Group's international profile has risen sharply on the back of the AI boom. Chip affiliate SK Hynix has become a key supplier of high-bandwidth memory (HBM) chip
Do you trust Channel NewsAsia?
Sign in to rate
Discussion
?
No comments yet — be the first to start the discussion!