Booyoung Group chairman delivers scholarships to foreign students
Booyoung Group Chairman Lee Joong-keun, third from left, poses with foreign students during a scholarship awards event at a conference hall of the Korea Chamber of Commerce and Industry building in central Seoul, Wednesday. A total of 100 foreign students were granted 400 million won in scholarships. / Courtesy of Booyoung Group
By Jhoo Dong-chan
Booyoung Group Chairman Lee Joong-keun has awarded 400 million won ($357,557) in scholarships to foreign students in Korea. A total of 100 Asian and Africa students studying at Korean universities are being granted the scholarships.
According to a Booyoung Group official, the foundation established by the group held a scholarship award event at a conference hall of the Korea Chamber of Commerce and Industry building in Jung-gu, central Seoul, Wednesday.
A total of 150 people, including foreign students from 13 countries and their ambassadors, participated in the event. Former Prime Minister Han Seung-soo also joined the event.
“I hope the scholarships can help students achieve their academic goals, giving them the foundation to become global leaders,” said Lee.
“We at Booyoung Group will stay active in supporting future talent in education and culture.”
The foundation was established with Lee’s funding in 2008. It has granted scholarships twice a year to foreign students from Asian and African countries such as Vietnam, Thailand, Laos and Kenya since 2010. So far, 992 students have benefitted with a total of 3.8 billion won in scholarships.
In February, Booyoung Group donated 5,000 digital pianos and 50,000 blackboards to local elementary schools in the Philippines. Since 2004, it has made donations to 18 countries, including Vietnam, Laos and Rwanda, amounting to 60,000 digital pianos and 600,000 blackboards worth approximately 500 billion won ($419 million) in investment.