Summary
- South Korean court orders SK Group Chairman Chey Tae-won to pay over $1 billion to his estranged wife in divorce settlement
- Shares in the group’s holding firm, SK Inc, surge on speculation of increased stock purchase by Chey
- SK Inc’s market value reaches 2 trillion won after the ruling
- Chey owns 17.7% of SK Inc and controls SK Hynix, the world’s second-largest memory chip maker
