Singapore
UNITED Overseas Bank's annual shareholders meeting began on an emotional note on Friday as chief executive Wee Ee Cheong teared up in his brief message of appreciation to his father who has stepped down from the board.
Wee Cho Yaw, 89, who remains chairman emeritus and honorary adviser to UOB, a bank founded by his father, did not attend the annual general meeting (AGM), the first time he was absent in the 60 years since he joined the board in 1958.
The Wee family owns some 18 per cent of...