KOSDAQ-listed KOMELON donated 100 million won to the Chungmanhan Sarang Nanum Foundation to mark the new year.
Chungmanhan Sarang Nanum held the "KOMELON 100 million won donation ceremony" on the 14th at Seoul Dragon City in Yongsan District, Seoul. About 10 officials, including Chair Kang Dawit of Chungmanhan Sarang Nanum and KOMELON CEO Kang Nam-hun, attended the event.
KOMELON donated 100 million won to Chungmanhan Sarang Nanum that day. The donation will be used to support vulnerable groups. The company said, "We hope this donation will help low-income neighbors who need support across society and the next generation of youths, who are future growth drivers, have a warm new year."
KOMELON, founded in 1963, is a company in Busan that manufactures and sells metal and fiber tape measures. Tape measures are used not only in homes but also in advanced industries such as machinery, automobiles, shipbuilding and aviation. It was listed on the KOSDAQ market in January 2001.
Meanwhile, Chungmanhan Sarang Nanum has been steadily carrying out sharing activities to give back to the local community. Previously, it donated 100 million won worth of health supplements for vulnerable groups in Chuncheon, Gangwon Province, and last year it joined the "physical development project for children and youths using wheelchairs" by the Sangsangin Group and the SK Haengbok Sarang Nanum Foundation.