Palma Engineering CEO Park Seonsik Donates 100 Million KRW to Geumdang High School Alumni Scholarship Fund

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Despite the increasing management difficulties faced by companies due to the unexpected prolonged COVID-19 pandemic, a ‘business representative’ known for sharing has become a hot topic as he generously donated 100 million KRW in scholarships for his alma mater’s juniors.

The protagonist who donated 100 million KRW in scholarships, Park Sun-sik, CEO of Palma Engineering Co., Ltd., personally visited the office of the Suncheon Geumdang High School Alumni Association on the 25th and pledged the scholarship donation in the presence of alumni including the Alumni Association President Jeong Cheol-gyun, requesting that it be used for current students of his alma mater, Suncheon Geumdang High School.

CEO Park said, “Learning is more precious than having ten million won,” and explained the background of his scholarship donation by saying, “I decided to donate to support the efforts of the alumni, including the chairman of the scholarship foundation, for the juniors.”

CEO Park, a graduate of the 8th class of Geumdang High School, established and has been operating Palma Engineering Co., Ltd. since 1994, mainly engaged in renewable energy and electrical-related design, supervision, and construction after retiring from the Railroad Administration. Recently, he was praised as a donation angel for donating 20 million KRW to Suncheon University.

Alumni Association President Jeong Cheol-gyun said in his congratulatory speech, “I am glad to attend this joyous occasion with fellow alumni seniors and juniors,” and added, “Such a large scholarship donation is a pride of the alumni, and I hope more donations like this will increase in the future.” He also said, “This warmth becomes a strong force that can overcome COVID-19.”

Kim Kwang-soo, Director of the Suncheon Geumdang High School Alumni Scholarship Foundation, said, “Park Sun-sik’s generous donation has given great pride and self-esteem to 22,000 alumni who are exhausted from COVID-19, which is deeply moving.” He added, “The scholarship foundation will take this opportunity to unite its capabilities to be a strong supporter so that junior students can nurture their dreams by fully appreciating Park Sun-sik’s precious heart and intentions.”

The Suncheon Geumdang High School Alumni Scholarship Foundation was established in 2011 with 200 million KRW raised by alumni, and scholarship members donate monthly amounts ranging from 10,000 to 100,000 KRW or lump sums from 1 million to tens of millions of KRW, with the number of participating alumni steadily increasing. The foundation has selected students annually to provide scholarships and has awarded a total of 140 million KRW in scholarships to date.

Meanwhile, high-value individual donors who have donated more than 50 million KRW, including alumni such as Kim Do-hyung (4th class), Lee Jae-hyun (2nd class), and Kim Kwang-soo (2nd class), the inaugural chairpersons of the scholarship foundation, are steadily increasing, providing a stable foundation for the Suncheon Geumdang High School Alumni Scholarship Foundation to operate securely.

At the event, about 30 alumni and scholarship members, including Suncheon City Council members Choi Byung-bae, Park Jae-won, and Lee Hyun-jae, all graduates of Geumdang High School, faithfully followed COVID-19 prevention guidelines such as disinfection, wearing masks, and temperature checks, and the event proceeded in a lively atmosphere.

This content was produced with the assistance of AI translation services.