A South Korean appeals court on Friday ordered SK Group Chairman Chey Tae-won to pay his former wife, Roh Soh-yeong, 944 billion won (about $644 million) in cash as part of their long-running divorce property settlement, while reaffirming that Chey's SK shares formed part of the couple's marital assets.

The SK Group chairman’s stake in the chaebol group was also deemed subject to the division of marital assets

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…

Judgment comes as memory-chip gains send group's value soaring

Judgment comes as memory-chip gains send group's value soaring