* Translated by Papago

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KLPGA Signs MOU With Korea Minting Corporation... Premium Commemorative Medals and Goods Showed

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Park Geondo

*This content was translated by AI.

Proceed with the signing ceremony of MOU with the Korea Minting Corporation (from left, KLPGA Senior Vice Chairman Kim Soon-hee and Korea Minting Corporation President Sung Chang-hoon). /Photo = Courtesy of KLPGA
Proceed with the signing ceremony of MOU with the Korea Minting Corporation (from left, KLPGA Senior Vice Chairman Kim Soon-hee and Korea Minting Corporation President Sung Chang-hoon). /Photo = Courtesy of KLPGA

The Korea Ladies Professional Golf Association (KLPGA) will join hands with the Korea Mint to present premium commemorative medals and currency goods.

KLPGA announced in a press release on the 27th that it held a signing ceremony for a strategic business agreement (MOU) with the Korea Minting and Clearing Corporation at 10 a.m. at the KLPGA Building in Gangdong-gu, Seoul, and decided to revitalize its business using intellectual property rights (IP).

Through this agreement, the two organizations will promote a commemorative medal project that combines KLPGA's IP and Korea Minting Corporation's currency-making technology. In addition, it plans to develop goods using currency by-products and promote and sell them on and off-line channels.

In particular, KLPGA-released products will be subject to the Korea Minting and Security Labels for Genuine Certification. Through this, it is expected to prevent forgery and alteration and produce and distribute safer and more reliable products.

Sung Chang-hoon, president of the Korea Minting and Security Printing Corporation, said, "We are happy to be with KLPGA, a representative brand of Korean professional sports and a valuable cultural asset that has impressed and passionate the people," adding, "With this agreement, we will contribute to expanding the base of the sports goods market by introducing various cultural products such as commemorative medals and currency goods by combining them with KLPGA IP."

In response, KLPGA Chairman Kim Sang-yeol said, "It is an honor to cooperate with the Korea Minting Corporation, which has world-class currency manufacturing technology and anti-forgery technology. KLPGA will also make great efforts to create a new paradigm for the sports goods market with the Korea Minting Corporation."

The Korea Mint is an organization that creates new cultural products such as commemorative medals, art-style coins, and currency printing by expanding existing currency-making technologies such as anti-counterfeiting technologies in the banking sector and stamping technologies. It is also recognized for its technological prowess by expanding its brand protection label business in the fields of clothing, cosmetics, and agricultural products with many counterfeit products or false indication of the country of origin.

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*This content was translated by AI.

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