KB Capital Donates 20 Million Won to Low-Income Families for Chuseok
Milal Welfare Foundation and Seoul Dobong-gu, Hwaseong and Gwangmyeong in Gyeonggi-do
Plan to Deliver Chuseok Gift Food Sets to 200 Low-Income Households
[Asia Economy Reporter Ki Ha-young] KB Capital announced on the 15th that it donated 20 million KRW to the Milal Welfare Foundation to support children and adolescents from low-income families in celebration of Chuseok.
The donation ceremony held that morning was conducted through non-face-to-face photo sessions at the headquarters of both KB Capital and the Milal Welfare Foundation, considering the COVID-19 situation.
This project, sponsored by KB Capital and organized by the Milal Welfare Foundation, aims to provide 200 low-income households in Dobong-gu, Seoul, and Hwaseong and Gwangmyeong in Gyeonggi Province with Chuseok gift food sets including rice and gochujang, so that families can share abundant food and enjoy a warm holiday.
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Hwang Su-nam, CEO of KB Capital, said, "We hope this sharing activity brings some joy of the Chuseok holiday to low-income families facing difficult circumstances," adding, "We plan to continue practicing differentiated ESG (Environmental, Social, and Governance) management activities through social contributions that support neighbors in need."
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