Sampyo officials pose at an event of offering scholarships to needy students in Hwaseong, near Seoul. Photo courtesy of Sampyo Group

Seoul-based outfit helps pupils near Seoul

South Kora’s Sampyo Group announced on Dec. 29 that the conglomerate had offered scholarships to middle and high school students as well as collegians in Hwaseong, some 24 kilometers south of Seoul.

A total of 30 students received the scholarships in the city where Sampyo Group operates its factories.

Over the past quarter century, Sampyo Group has donated up to $1 million to support students from underprivileged families residing in the city.

More than 730 students have received the benefits since 1997, according to Sampyo.

“We hope that our efforts will be of help to students,” a Sampyo official said. “We will continue to support top talents in other areas down the road.”

Park Rae-beom, who represented the recipients, praised Sampyo.

“These scholarships would underpin students in our region so that they would be able to achieve their dreams,” Park said.

Sampyo Group is a Korean manufacturer of construction materials. Established in 1966, the Seoul-based outfit rolls out ready-mixed concrete, construction aggregate, and fly ash.

In the 1980s, Sampyo Group extended its business horizon by tapping into various segments, including railway track and bridge construction.

The publisher studied Korean history in Seoul and management of business administration in the United Kingdom. He has 20-year experiences in the media business. Kim can be reached at or 82-2-6956-6698.