SEOUL, May 31 (Korea Bizwire) –In a landmark ruling that could upend one of South Korea’s biggest conglomerates, a court has ordered Chey Tae-won, the chairman of the SK Group, to pay his ex-wife a massive 1.38 trillion won as part of their divorce settlement. The staggering sum, among the largest divorce payouts worldwide, is [...]
SEOUL, Aug. 30 (Korea Bizwire) – SK Group Chairman Chey Tae-won has met with Chinese joint venture partners to discuss ways to expand cooperation in the petrochemical and chip businesses, his office said Sunday, in his latest efforts to boost business after being freed from jail. After being released on Aug. 14 upon receiving a [...]
![[Quote] Former Chairman Chey Tae-won in Prison to Greet SK Group Members](http://koreabizwire.com/wp/wp-content/uploads/2014/09/SK-Chey.jpg "[Quote] Former Chairman Chey Tae-won in Prison to Greet SK Group Members")
“Now I am living my days feeling sorry that I cannot be with you, all of the SK Group employees, although I know what is occurring to our company and all of you are fighting desperately in the middle of a tough situation.” “I am striving to find what I can do and what matters [...]