Repaying his debts

Home > Business > Industry

print dictionary print

Repaying his debts

테스트

Kim Jung-ju, founder of leading game developer Nexon and CEO of its holding company NXC, released a statement to reporters on Tuesday in which he vowed to repay his “debts to society.” On May 11, Kim was found not guilty on charges that he gave a former prosecutor free Nexon shares. Kim said that while he was under investigation for the past two years, he thought about various ways to give back to society. In his statement, Kim announced a plan to donate 100 billion won ($92.6 million) to young entrepreneurs starting their own companies and other social causes. The Nexon Foundation, which he established earlier this year, supports underprivileged students in the fields of education and health, hosts programming challenges for young programmers and promotes the work of rising artists. Kim also promised not to pass down management of his company to his children. He ended his statement by saying he will announce specific plans on Nexon’s corporate social responsibility at a later date. [NXC]

More in Industry

BTS among performers at Lotte Duty Free 40th anniversary concert

[Test Drive] New Chevrolet Colorado can handle anything Korea throws at it

Tada tries again with new taxi ride-hailing service

Kia plant hit with infections for second time this month

LG Chem gets a boost in battery patent lawsuit against SK Innovation

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now