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General News
Choi Tae-won appeals ruling to pay 944 billion won in property division
SK Group Chairman Choi Tae-won (최태원) filed an appeal against an appellate ruling ordering him to pay 944 billion won in property division to Noh Soh-young (노소영), director of Art Center Nabi. SK Supex Council said this in a statement issued in the name of his legal representatives. The appeal was filed three weeks after the Seoul High Court ruling on July 24. The case will return to the Supreme Court for review.
Industry
SK finalises nine companies for SK Impact Booster with Happynarae
SK is moving to formalise business cooperation with social ventures that have moved beyond the early startup stage. Social enterprise Happynarae, founded by SK, confirmed nine companies for the first SK Impact Booster cohort and held an orientation on July 21 at SK Seorin Building in Seoul. Selected firms will receive 10 million won in support, with up to 60 million won more for PoC projects if they work with SK affiliates.
Industry
SK to invest 1.4 trillion won to strengthen mutual growth with partners
SK signed a mutual growth agreement with partner companies and will expand its shared growth culture to second- and third-tier suppliers. The group held a signing ceremony at SKT Tower in central Seoul with seven affiliates and about 100 partner firms. Measures include improved payment terms, better trading practices, and expanded R&D and financial support. SK Hynix will inject 1.4 trillion won in new funds to strengthen the semiconductor ecosystem.
