NTU's Nanyang Business School gets S$3m gift
SINGAPORE: Banker Wee Cho Yaw has made a S$3 million gift to Nanyang Technological University's (NTU) Nanyang Business School. NTU said the gift from Dr Wee, its Pro Chancellor, will go towards the establishment of a new scholarship fund at the Nanyang Business School for students in the Master of Science (Finance) programme. Dr Wee's gift will attract a dollar-for-dollar matching grant from the Singapore government, resulting in a S$6 million endowed fund that will support four Wee Cho Yaw Scholars each year. Valued at S$60,000 each, the scholarships will cover the tuition fees, as well as living and travel allowances for selected scholars on the full-time, one-year bilingual programme conducted in English and Chinese. The gift is part of Dr Wee Cho Yaw's on-going efforts to strengthen ties and collaboration between Singapore and China.