THE Wees, of United Overseas Bank (UOB) fame, have become the latest of singapore's prominent families to establish a charity foundation.
Mr Wee Cho Yaw and his family donated $30 million to start the Wee Foundation.
The foundation's secretary, Nancy Tey, told The Straits Times: 'Up till now, the Wees have been donating to the community as individuals.
She says the Wees, one of singapore's xx billionaire families, felt it would be more effective if they their own foundation.
The Wee Foundation, joins the likes of the Lee, Lien, Shaw and Tan Chin Tuan Foundations, which were set up by prominent businessmen.
Read the full report in Saturday's edition of The Straits Times.
