Some $500,000 has been raised for ChildAid, Singapore Press Holdings' annual charity concert, by banking group Citi Singapore this year.
The sum was raised through donations from Citi's partners for a charity golf event and will benefit children receiving assistance from The Straits Times School Pocket Money Fund (SPMF) and The Business Times Budding Artists Fund (BTBAF).
A cheque for $500,000 was presented to Mr Han Fook Kwang, editor-at-large of The Straits Times and SPMF chairman, and Mr Alvin Tay, Business Times editor and chairman of ChildAid, at a dinner last night.
The money will be split evenly between the two funds.
The guest of honour, Dr Amy Khor, Senior Minister of State for Health and Manpower, presented the cheques with Citi representatives, including Mr Michael Zink, Citi Singapore country officer and head of Asean.
Said Mr Zink: "Over the years, we have focused our corporate social responsibility efforts on promoting financial literacy and youth development. We are pleased to have partnered SPMF and BTBAF as our long-term preferred charities since 2002 and to have made a significant contribution to both."
This is the fifth straight year that the Citi IT and Partners Charity Golf event is raising funds in support of ChildAid.
Tiffany Fumiko Tay