Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › SK Group Chairman Chey to sell 2.26% stake in SK Corp...
Politics

SK Group Chairman Chey to sell 2.26% stake in SK Corp for 944 billion won

SK Group Chairman Chey to sell 2.26% stake in SK Corp for 944 billion won
Channel News Asia Friday 02 October 2026, 07:24 UTC 1 min read
Key Points

SK Group Chairman Chey to sell 2.26% stake in SK Corp for 944 billion won SEOUL, Oct 2 : SK Group Chairman Chey Tae-won will sell a 2.26 per cent stake in SK Corp for about 944 billion won ($699.5 million), with the transaction scheduled to be completed on November 2, according to a filing on Friday.

SK Group Chairman Chey to sell 2.26% stake in SK Corp for 944 billion won SEOUL, Oct 2 : SK Group Chairman Chey Tae-won will sell a 2.26 per cent stake in SK Corp for about 944 billion won ($699.5 million), with the transaction scheduled to be completed on November 2, according to a filing on Friday. ($1 = 1349.5 won) Source: Reuters
SK Group (ORG) Chey (PERSON) SK Corp (ORG) SEOUL (LOCATION) Chey Tae (PERSON)
Originally published by Channel News Asia Read original →

Related Stories

Can Indonesia’s new police chief repair the force’s image, commit to reforms?

Indonesia’s new police chief faces a difficult task to balance growing public demands for accountability and independence as the force seeks to repair its image following a series of scandals in recent years. Even as Suyudi Ario Seto, 53, replaced Listyo Sigit Prabowo on Thursday, the government is weighing recommendations to reform the powerful institution, including changes to its work culture and limits on police officers holding public positions outside the force. In addition to...

South China Morning Post 18m ago

How the US went from ‘a position of strength’ to ‘gung-ho’ on China

Not so long ago, Washington’s approach to relations with Beijing was anchored by a single assertive phrase: dealing “from a position of strength”. It was rooted in a unipolar mindset: a belief that the United States could dictate terms, manage competition unilaterally and demand compliance from a distance. Yet, at their recent summit, Chinese President Xi Jinping and US President Donald Trump formally established a new strategic framework: a “constructive strategic stability relationship...

South China Morning Post 18m ago

Badenoch claims Labour is preparing for a general election in May 2027 – UK politics live

Speculation about an early election continue to persist even as Andy Burnham ruled it outHello and welcome to the UK politics live blog. Tory leader Kemi Badenoch says Labour is preparing for a general election as early as May 2027, despite the prime minister ruling out an early contest. All the policies he announced are for after an election.

The Guardian World 19m ago

Badenoch claims Labour is preparing for a general election in May 2027 – UK politics live

Speculation about an early election continue to persist even as Andy Burnham ruled it outHello and welcome to the UK politics live blog. Tory leader Kemi Badenoch says Labour is preparing for a general election as early as May 2027, despite the prime minister ruling out an early contest. All the policies he announced are for after an election.

The Guardian Politics 19m ago