Doosan Yonkang Foundation Awards 770 Million Won in Scholarships to 169 Students

Doosan Yonkang Foundation Chairman Yong Hyun Park (front row, sixth from left) delivers scholarship certificates to the students at the 2018 Doosan Yonkang Foundation Scholarship Awards Ceremony.

On Feb. 20, Doosan Yonkang Foundation (Chairman Yong Hyun Park) held the 2018 Doosan Yonkang Foundation Scholarship Awards Ceremony at the Hotel Skypark Dongdaemun, presenting 770 million won (or $716,000) in scholarships to 169 high school and university students.

The scholarships were awarded to disadvantaged students who demonstrated outstanding academic performance. Among the scholarship recipients, 81 college students will participate as mentors in the Doosan Yonkang Scholarship mentoring program, established in 2013, to support students from educationally alienated backgrounds at children’s welfare facilities.

“Through the Doosan Yonkang Foundation scholarship program, we hope to make a positive impact on the students and help them grow up to become invaluable members of society,” Chairman Park said.

Since its establishment in 1978, Doosan Yonkang Foundation has offered scholarships to underprivileged students who have shown excellent academic performance. So far, more than 6,000 high school and university students have benefited from the scholarship program.

About Doosan Group

Doosan Group is a South Korean conglomerate company. In 2009, the company was placed 471st in the Fortune Global 500. It has been included in the Forbes Global 2000 companies from 2007. It is the parent company of ŠKODA power. Doosan was ranked 4th among the “World’s Best 40 Companies 2009” list, released in the latest issue of BusinessWeek, the U.S. economics magazine in October 2009.

Doosan’s core businesses are based on ISB (Infrastructure Support Business). Doosan’s Infrastructure Support Businesses are made up of five subsidiaries: Doosan Corporation, Doosan Heavy Industries & Construction, Doosan Infracore, Doosan Engineering & Construction and Doosan Engine. These subsidiaries provide electrical power, desalinated drinking water, construction equipment, advanced machinery, defense supplies, houses, highways and bridges, chemical processing equipment and industrial engines.

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Author: Prasanth Chunduri

I am an Independent Financial Advisor advising about mutual funds. Apart from my profession I am interested in cars and bikes.

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