A Seoul court has ordered Smilegate founder Kwon Hyuk-bin to hand over a major stake and cash in his divorce case. The ruling sets a new benchmark for asset division in South Korea and eclipses the earlier SK Group settlement.

SEOUL: A Seoul court on Wednesday (Sep 9) ordered South Korean video game tycoon Kwon Hyuk-bin to pay more than 2 trillion won (US$1.5 billion) in a divorce settlement, the largest asset division ever awarded in the country.The amount surpasses

This is the largest asset division ever awarded in South Korea.