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 (right) and his family recently donated $30 million to start the Wee Foundation.

The foundation's secretary, Ms Nancy Tey, told The Straits Times that the Wees had previously donated to the community as individuals. She said they decided to set up their own foundation because they felt it would be a more 'focused' way to 'do their bit for charity'.

Their foundation joins the likes of the Lee, Lien, Shaw and Tan Chin Tuan Foundations, which were also set up by prominent businessmen.

Read the full report in Monday's edition of The Straits Times.