This document is a transcript of an event introducing a competition to crown princes, princesses, kings and queens and award them ownership of an enchanted magical palace. The event involves an opening by the school principal, performances by singers and students, runway shows by the candidates in regal and fantasy wear, and culminates with the announcement of winners who will be entitled to the palace. The hosts emphasize themes of beauty, creativity, patriotism, and sharing love as the essence of Christmas throughout the event.