Taekwang Group Donates 300 Million Won to Support Flood Victims

[Asia Economy Reporter Hwang Yoon-joo] Taekwang Group announced on the 17th that it will donate 300 million KRW to the Hope Bridge National Disaster Relief Association to support flood victims who suffered from heavy rains.

In addition to the donation, Taekwang Industrial, a textile and petrochemical affiliate, will provide 1,000 lunch boxes to flood victims and volunteers; Tisis, an infrastructure and leisure affiliate, will supply 1,000 food kit sets; and TRN, a T-commerce affiliate, will support with 20,000 masks.

Financial affiliates Heungkuk Life Insurance and Heungkuk Fire & Marine Insurance will promptly pay insurance claims to customers affected by the heavy rains and will grant a six-month grace period for insurance premium payments and loan principal and interest repayments.

Heungkuk Securities employees will visit a protection facility for children with brain lesions affected by the disaster to deliver support funds and carry out maintenance volunteer activities.

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