By Hyunsu Yim
SEOUL (Reuters) – A South Korean court ordered the chairman of No. 2 conglomerate SK Group to transfer 66.5 billion won ($50.68 million) in a division of property, as part of a divorce ruling on Tuesday.
It was not immediately clear if the transfer by Chairman Chey Tae-won would include stock in the group’s holding company, SK Inc.
Kim Hyeon-jung, a judge of the Seoul Family Court, said the estranged wife, Roh Soh-yeong, would also receive alimony of 100 million won.
Chey holds 17.5% of SK Inc, the company’s regulatory filings show, with a value of 2.7 trillion won at Monday’s closing price.
Legal representatives of Chey and Roh did not have any immediate comment. The law provides for appeal of the ruling.
($1=1,312.1400 won)
(Reporting by Hyunsu Yim; Editing by Clarence Fernandez)
