Chey Tae-won to sell 944 billion won of SK shares to fund divorce settlement

The chairman intends to offload 1,653,924 shares of SK Inc. for a total equivalent to the court ruling.

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(서울=뉴스1) = 최태원 대한상공회의소 회장과 고바야시 켄 일본상의 회장이 31일 일본 센다이 웨스틴호텔에서 ‘지역에서 열어가는 한일의 미래'를 주제로 열린 ‘제15회 한일상공회의소 회장단 회의’에서 공동성명서에 서명 후 기념촬영을 하고 있다. (대한상의 제공. 재판매 및 DB금지) 2026.8.31/뉴스1
SK Group Chairman Chey Tae-won, also the chairman of the Korea Chamber of Commerce and Industry (KCCI)

SK Chairman Chey Tae-won will sell 944 billion won ($699 million) worth of shares in SK Inc. — the same amount as his divorce settlement with Roh So-yeong.

SK Inc., the holding company of SK Group, disclosed Friday that Chey, its largest shareholder, plans to sell 1,653,924 shares, or a 2.3 percent stake, from his holdings.

The planned sale is worth 944 billion won, the same amount as the property settlement that a court ordered Chey to pay Roh, the director of Art Center Nabi, in their divorce case.

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The reason for the move was “to raise funds for personal needs through the sale of shares," according to the company.

The actual sale is scheduled to begin Nov. 2, a month from Friday.

If the sale is completed as planned, Chey's holdings of SK Inc. common shares will decline to 11,321,548 from 12,975,472. Choi’s stake in SK Inc. will also fall to 15.5 percent from 17.8 percent. The combined stake held by Chey and related parties is expected to decline to 22.9 percent from 25.2 percent.


BY HYEON YE-SEUL [[email protected]]



This article was originally written in Korean and translated by a bilingual reporter with the help of generative AI tools. It was then edited by a native English-speaking editor. All AI-assisted translations are reviewed and refined by our newsroom.

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