Asset Management Company, PEMCO Limited continues to contribute to community building initiatives and education with our fourth annual donation to the U.S. Pan Asian American Chamber of Commerce’s College Scholarship Program.
PEMCO Limited will be donating 5,000 to the USPAACC Scholarship program, totaling our donation amount since 2011 at 20,000.PEMCO Limited believes strongly in the education of our youth and are honored to have the ability to donate to such a worthy objective as the USPAACC College Scholarship Program. USPAACC has been working with major corporations since 1989 to provide high school seniors who’ve shown outstanding academic achievement, leadership in extracurricular activities, community service involvement, etc. with a monetary start to their formal education.
With the finalist individually assessed by accounting firm Ernst & Young, PEMCO Limited has been awarded the Fast 50 Asian American Business award since 2009. Eligibility requires 51 percent Asian American ownership of applicant or nominee company, 1 million dollars in revenue annually for the past three fiscal years and a personal appearance made by the company president or CEO. Over 689 participants representing more than 150 Asian American Owned businesses were nominated or applied in 2013 resulting in extremely stiff competition. PEMCO Limited is appreciative and contented with our success with this award and would be pleased to accept this award in years to come.