S-Oil Donates 325 Million KRW to Support Korea Coast Guard Heroes
Support for Gongsang Coast Guard Medical Expenses, Scholarship for Children of Fallen Coast Guard Officers, and More
S-OIL announced on the 10th that it donated 325 million KRW as sponsorship funds for the Coast Guard Heroes Guardianship to the Korea National Council on Social Welfare at its headquarters in Mapo-gu, Seoul. The sponsorship funds will be used for treatment costs for injured coast guards, scholarships for children of fallen coast guards, and awards for coast guard heroes.
Al Hizazi, CEO of S-OIL, said, "The coast guards who risk their lives to rescue others despite difficult maritime conditions are the true heroes of our society," adding, "We will continue to be a strong supporter of the coast guards."
Hot Picks Today
"Sold Already? That Must Sting"... Gold Surges 15% in a Month, U.S. Treasuries Behind the Rally [Weekend Money]
- "We Can't Live With So Many Tourists"... Japan to Impose Nightly Accommodation Tax as Visitor Numbers Soar
- "Excited for 400,000 Won" Turns to Anger: "It Feels Like an Insult" as Basic Pension Leaves Seniors with No Income Gain
- "Quietly Among Ourselves"... 14,000 Unmanned Mahjong Parlors Open in 3 Years as Millennials and Gen Z Flock in China
- "Who Would Visit Now?" Foot Traffic Plummets... Japan Appeals to Koreans for Help—Here's Why
In 2013, S-OIL signed the 'Coast Guard Heroes Guardianship' agreement with the Korea Coast Guard and the Korea National Council on Social Welfare to boost the morale of coast guards who dedicate themselves on the front lines to protect South Korea's maritime territory and the lives and property of its citizens through rescue of distressed vessels, prevention of marine pollution, and crackdown on illegal fishing vessels. Since then, it has continuously held sponsorship fund delivery ceremonies for various coast guard-related programs and coast guard hero award ceremonies.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.