Donation worth KRW 10 billion based on closing price, reflecting commitment to giving back to society
[by Yu, Suin] Kang Duk-young, CEO of Korea United Pharm, recently donated a portion of his shares to the United Foundation, expressing his commitment to contributing to society.
Korea 해외 바카라 사이트 Pharm announced on April 28 that Kang had donated 500,000 shares, a portion of his holdings, to the nonprofit public interest organization 해외 바카라 사이트 Foundation, as disclosed through a stock change report on April 22. This represents a major decision for corporate social responsibility and sustainable social contribution, with a value of around KRW 10 billion (approximately USD 6.9 million) based on the closing price at the time of disclosure.
“The company’s growth and profits have been made possible through the trust and support of society, and it is now time to return the fruits of that effort to the community,” 해외 바카라 사이트 said. “This stock donation is a turning point in our effort to create social value, and I hope it will lead to even more active engagement in social contribution activities in the future.”
This donation is expected to reinforce the foundation’s asset base and support the sustained implementation of various public interest initiatives over the long term.
The 해외 바카라 사이트 Foundation, established in 2008, aims to promote Korean spirit and culture globally while introducing diverse international cultures to Korea. The foundation actively engages in initiatives to popularize classical music, organize cultural and artistic events that foster a healthy and vibrant society, support the development of global talent, assist in artistic creation and exhibitions, and facilitate the exhibition of historical materials.