Seoul court orders Smilegate founder to pay ex-wife RM5.4b in divorce settlement
A Seoul family court has granted a divorce to Kwon Hyuk-bin, founder of South Korean gaming company Smilegate, and ordered him to transfer 35 per cent of the company's shares plus cash to his wife, Lee Hwa-jin. The 2.55 trillion won settlement is reported as the largest divorce payout in South Korean history.