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SK Group billionaire chairman's near $1B divorce settlement partially overturned by South Korean top court

SK Group billionaire chairman's near $1B divorce settlement partially overturned by South Korean top court

South Korea's Supreme Court has sent SK Group Chairman Chey Tae-won's high-profile divorce case, which required him to pay 1.38 trillion won (US$972.5 million) in settlement, back to a lower court for review, giving the billionaire a temporary victory.
SK Group considers full divestment from Vingroup, Masan Group

SK Group considers full divestment from Vingroup, Masan Group

South Korea’s SK Group to sell 1.33% Vingroup stake for $20M

South Korea’s SK Group to sell 1.33% Vingroup stake for $20M

South Korea’s SK Group sells 76 million shares of Masan Group

South Korea’s SK Group sells 76 million shares of Masan Group

South Korean chaebol SK Group has sold 76 million shares of conglomerate Masan Group to a number of unidentified investors but retained the remaining 55 million shares.
November 1, 2024 | 01:49 am PT
South Korean tycoon heirs' wives increasingly assume leadership roles in conglomerates

South Korean tycoon heirs' wives increasingly assume leadership roles in conglomerates

South Korea’s conglomerates, traditionally family-run and operated within tightly knit circles, are progressively embracing the idea of entrusting significant management roles to the wives of their heirs.
September 23, 2024 | 12:14 am PT
Masan buys back WinCommerce stake from South Korea’s SK Group

Masan buys back WinCommerce stake from South Korea’s SK Group

Masan Group has reacquired for US$200 million a 7.1% stake in its retail arm WinCommerce that it had previously sold to South Korean conglomerate SK Group.
September 4, 2024 | 11:32 pm PT
SK Group to protect affiliates from hostile takeover after chairman's divorce ruling

SK Group to protect affiliates from hostile takeover after chairman's divorce ruling

South Korea's SK Group Chairman Chey Tae-won said on Monday the conglomerate would prevent the outcome of his recent divorce payment ruling from leaving SK companies vulnerable to hostile takeover or other problems.
June 16, 2024 | 08:44 pm PT
SK ecoplant, BCG Energy to develop renewable energy projects in Vietnam

SK ecoplant, BCG Energy to develop renewable energy projects in Vietnam

BCG Energy, under Bamboo Capital Vietnam, has entered into a partnership with South Korean renewable energy investor SK ecoplant to establish a solar and wind power project with a 700 MW capacity in Vietnam.
March 25, 2024 | 12:38 am PT
South Korean conglomerate SK Group wants Vietnam clean energy project

South Korean conglomerate SK Group wants Vietnam clean energy project

South Korean conglomerate SK Group wants to develop a clean energy project in Vietnam by using natural gas to produce green hydrogen.
March 9, 2024 | 03:23 am PT
SK Group chairman's estranged wife seeks $1.5B alimony in cash

SK Group chairman's estranged wife seeks $1.5B alimony in cash

Roh Soh-yeong, the estranged wife of SK Group Chairman Chey Tae-won, has revised her alimony claim, now seeking a staggering 2 trillion won (US$1.5 billion) in cash.
January 11, 2024 | 02:01 am PT
South Korean billionaire blames ex-wife as expensive divorce drags on

South Korean billionaire blames ex-wife as expensive divorce drags on

Chey Tae-won, chairman of SK Group, has criticized his former spouse Roh Soh-yeong for “manipulating the public” to get an upper hand in an upcoming appeal court regarding their division of assets.
November 14, 2023 | 11:14 pm PT
SK Group denies Vietnam divestment rumors

SK Group denies Vietnam divestment rumors

South Korea's second-largest conglomerate SK Group has denied rumors of divesting from Vietnam and instead affirmed its long-term commitment to the country.
November 1, 2023 | 06:41 am PT
SK Group to build biodegradable material factory in Vietnam

SK Group to build biodegradable material factory in Vietnam

SKC Co. of the South Korea is planning to build a factory in Vietnam to produce materials for biodegradable plastics, as it pushes to expand the eco-friendly materials business.
September 25, 2023 | 08:39 pm PT
Korean investor nominee becomes Pharmacity legal representative

Korean investor nominee becomes Pharmacity legal representative

Drugstore chain Pharmacity has replaced its founder Christopher Randy Stroud, also known as Chris Blank, as its legal representative.
August 18, 2022 | 07:04 pm PT
SK Group invests $340 mln in Masan subsidiary

SK Group invests $340 mln in Masan subsidiary

South Korea’s SK Group will buy a 4.9 percent stake in The CrownX for $345 million, while Masan Group will increase its stake by 0.1 percentage point.
November 11, 2021 | 07:38 pm PT
​South Korea’s SK Group buys 16.26 pct stake in VinCommerce

​South Korea’s SK Group buys 16.26 pct stake in VinCommerce

South Korean conglomerate SK Group has acquired a 16.26 percent stake in VinCommerce, the subsidiary of Masan Group that controls its VinMart retail chain, for $410 million.
April 6, 2021 | 08:00 pm PT
South Korean SK Group a major Vingroup shareholder

South Korean SK Group a major Vingroup shareholder

SK Group has spent nearly $1 billion on a 6.15 percent stake in Vingroup, Vietnam’s biggest private conglomerate.
May 28, 2019 | 04:46 am PT
South Korea SK Group acquires $1 bln stake in Vingroup

South Korea SK Group acquires $1 bln stake in Vingroup

South Korean conglomerate SK Group has spent $1 billion to acquire stake in Vietnam’s largest private conglomerate Vingroup.  
May 16, 2019 | 05:26 am PT
South Korea’s SK Group to buy $1 bln stake in Vingroup

South Korea’s SK Group to buy $1 bln stake in Vingroup

South Korean conglomerate SK Group plans to acquire a $1 billion stake in Vietnam’s largest private  conglomerate Vingroup, Bloomberg reported.
March 21, 2019 | 08:41 pm PT
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