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UOB's charity art auction draws S$750,000

Ma brothers of the Ramatex Group, a regional textiles company, offer highest bid.

(From left) Mr Tham; Fred Chin, managing director, Group Wholesale Banking, UOB Group; Social and Family Development Minister Chan Chun Sing; Mr Wee; Mr Ma On May and Mr Ma Wong Ching, winners of the charity auction; and Mr Gong. The money raised will be shared between The Business Times Budding Artists Fund, which provides music, dance, drama or art lessons for less privileged children and teenagers through programmes run by the Rice Company, and the elderly through the Sage Counselling Centre.


ON Tuesday night, UOB raised S$750,000 for charity in just 20 minutes through the brisk auction of an ink painting by Singapore artist Gong Yao Min.

Held during UOB's annual Chinese New Year Commercial Banking client dinner at the Pan Pacific Hotel, the auction drew fast