SK Group Chairman Chey Tae-won is reportedly moving forward with a massive plan to sell approximately 944.3 billion won ($700+ million) worth of shares in SK Inc., the group's holding company, to raise liquidity. The scale of the share disposal matches the court-ordered property division amount that Chairman Chey is required to pay to Roh Soh-yeong, director of Art Center Nabi, indicating that the move is aimed at securing funds for their high-profile divorce settlement.

According to market and corporate disclosures on October 2, SK Inc. announced that its largest shareholder, Chairman Chey, plans to dispose of 1,653,924 common shares, accounting for a 2.3% stake in the company. The stated reason for the transaction is "securing personal required funds through the sale of held shares." The actual share sale transactions are scheduled to commence one month later, starting November 2, 2026.

Once this share divestment is finalized, Chairman Chey’s total holdings in SK Inc. will decrease from the previous 12,975,472 shares down to 11,321,548 shares. Consequently, his individual ownership stake will drop from 17.8% to 15.5%. Furthermore, the aggregate stake held by Chey and his special related parties will also decline by 2.3 percentage points, falling from 25.2% to 22.9%.

This financial maneuver has drawn significant public and market attention as a direct step toward fulfilling the legal obligations stemming from the high-stakes legal battle, reflecting major adjustments in corporate ownership structure at the top of South Korea’s leading conglomerate.

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