The Business Times
business-time-50
THE LEVEL GROUND

Wee Cho Yaw’s business legacy may live on longer in property than in banking 

google-preferred-sourceAdd BT as a preferred source
Leslie Yee

Leslie Yee

Published Mon, Feb 12, 2024 · 03:00 PM
    • The late Wee Cho Yaw left his mark in many areas including the property sector.
    • The late Wee Cho Yaw left his mark in many areas including the property sector. PHOTO: BT FILE

    BUSINESS leaders, politicians and friends have paid tribute to Wee Cho Yaw, who died earlier this month at the age of 95. The late businessman was one of Singapore’s richest persons, an active community leader and a philanthropist. 

    Prime Minister Lee Hsien Loong hailed Wee as “a titan of Singapore’s banking industry”, citing his business acumen and visionary leadership behind the growth of UOB into one of the most successful banks in Singapore and the region.

    Wee helmed UOB, which traces its roots to the founding of United Chinese Bank by his father Kheng Chiang in 1935, for decades. 

    UOBUOLSingapore Land Grouphaw par corpWee Ee CheongProperty developersWealth managementThe Level Ground

    TRENDING NOW

    Tribunal Magistrate Jared Kang described dismissal law as “a little more layered, difficult and unclear than it perhaps needed to be”.

    Firm loses wrongful dismissal case despite following termination clause

    The Vietnamese economy has long relied heavily on bank lending, straining commercial banks as they shoulder the bulk of the financing needed by companies and large infrastructure projects.

    Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks

    Soilbuild and its executive chairman Lim Chap Huat are reportedly seeking unspecified damages over Brookfield’s alleged breach of their agreement.

    Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ

    UOB’s asset quality was a recurring theme across all broker notes.

    Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More