Wee Cho Yaw

"Evolve or die. That’s what’s happening here." - Bridgewater Associates CEO Nir Bar Dea.

Wee will retire by rotation and not seek a re-election at the group’s AGM, which will be held on April 14.

Upon his retirement, the older Wee will be appointed as chairman emeritus and honorary adviser of the group.

The bid was accepted by the members of the sale committee on Oct 27.

Quoteworthy: “This can’t be another woulda, coulda, shoulda election. No matter what, vote.” –— Hilary Clinton, who is urging Americans to make their views count at the ballot box.

SINGAPORE (June 11): SGX lists at least 24 companies and two trusts associated with seven business empires run by some of Singapore’s richest families. These home-grown companies and/or conglomerates on SGX have a combined market capitalisation of more

SINGAPORE (May 31): United Overseas Bank’s chief executive officer said he is comfortable going outside his family for a successor to run the lender his grandfather founded more than eight decades ago.

SINGAPORE (Nov 2): After six decades at the helm, UOB on Thursday announced that chairman emeritus Wee Cho Yaw, 88, is retiring from his role at the bank.

SINGAPORE (June 21): UOL Group, UIC Group and Haw Par Corp have called for trading halts respectively.

SINGAPORE (Jan 17): RHB is in favour of CapitaLand’s divestment of the remaining 45 units in the The Nassim for a total of $411.6 million.