More than $700,000 raised for charity through UOB’s annual Lunar New Year event with its clients

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    27 January 2022

     

    (From left) Mr Lim Han Weng, Chairman, Yinson Holdings Berhad; Mr Albert Phuay, Chairman and Group CEO, Excelpoint Technology Ltd; Mr Wee Ee Cheong, Deputy Chairman and Chief Executive Officer, UOB; Mr Neo Kah Kiat, Chairman and CEO, Neo Group Ltd; and Dato Andrew Ng, Managing Director, ChemStationAsia Group, participate in UOB’s Lunar New Year fundraiser.

     

    UOB and its Commercial Banking clients raised more than $700,000 for charity as part of the Bank’s annual UOB Heartbeat Lunar New Year festive tradition. The money raised through a series of art workshops1 will be used to support art, children and education through charities such as The Business Times Budding Artists Fund and The Straits Times School Pocket Money Fund. The proceeds will also go toward supporting education and local small and medium-enterprise innovation under the UOB-Singapore Management University Asian Enterprise Institute.

     

    At the workshops, UOB executives and clients enameled the auspicious Chinese character “福” (fu), which means “blessings” or “fortune”, on circular seals to express their wishes for a better year ahead. To commemorate the Year of the Tiger, the seals were affixed on gold-plated tiger art pieces titled “Blooming Abundance”.

     

    The art pieces, which were designed and crafted by Royal Insignia, depict a powerful tiger surrounded by lush nature, signifying prosperity and abundance. Each participating client donated at least $10,000 to take part in the workshop and they each took home one art piece. The Bank also matched its clients’ donations, dollar for dollar, up to $250,000.

     

     

    “Blooming Abundance”, with the “福” (fu) seal as a finishing touch.

     

    Mr Wee Ee Cheong, Deputy Chairman and Chief Executive Officer, UOB, said, “Lunar New Year signifies a time to celebrate new beginnings. Through art, we connect with the community, bond with our clients and support those in need at the same time. We are grateful that our clients join us every year to share the joy and optimism of the festive season with those who may need a helping hand.”

     

    The art workshops were held at the Royal Insignia workshop, a local Singapore atelier that specialises in crafting gifts for royalty and heads of state.

     

    Ms Rachel Hoe, Director, Royal Insignia, said, “We are delighted to collaborate with UOB on their charity drive as they bring businesses together to benefit the community each year. My team and I are proud to be able to share our bespoke gift-making techniques with UOB and its clients, and in contributing towards fund-raising efforts that benefit those who need our collective support.”


    1 The art sessions were held in accordance to safe management measures.

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    About UOB
    UOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

     

    For nearly nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.

     

    The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to forging a sustainable future through working with its stakeholders to create positive environmental impact, fostering social inclusiveness and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.

     

    For media queries, please contact media@uobgroup.com 

    UOB Newsroom

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