Wee Ee Cheong

Banking & finance

UOB upbeat on higher fees, delayed rate cuts and Asean focus

UOB reported a 1QFY2024 core net profit of $1.6 billion, up 5% q-o-q but down 1% y-o-y.
UOB CEO's daughter buys GCB from ex-Keppel CEO Choo for $39.5 million - THE EDGE SINGAPORE

Property

UOB CEO's daughter buys GCB from ex-Keppel CEO Choo for $39.5 million

Choo acquired the 19,500 square feet bungalow in 2007
UOB CEO Wee Ee Cheong's FY2023 pay package up nearly 12% y-o-y to $15.9 million - THE EDGE SINGAPORE

Banking & finance

UOB CEO Wee Ee Cheong's FY2023 pay package up nearly 12% y-o-y to $15.9 million

Wee’s pay is higher than that of DBS Group Holdings CEO Piyush Gupta, who took a 27% pay cut to draw $11.23 million in 2023.
Asean pathfinder - THE EDGE SINGAPORE

Asean

Asean pathfinder

How UOB is generating new business opportunities by helping clients break into new markets in the region like Indonesia.

Investing ideas

Limited upside catalysts for UOB but dividends and provisions will provide support

UOB's 'decent valuation' and yield may provide downside support
UOB CEO Wee buys 100,000 shares at $28.495 each - THE EDGE SINGAPORE

Insider moves

UOB CEO Wee buys 100,000 shares at $28.495 each

This time last year, when the bank reported its FY2022, Wee paid $29.5749 each for 100,000 shares

Banking & finance

UOB's deputy chairman and CEO hopes to keep father’s stake in family

Wee Cho Yaw held about 18.5% through both direct holding and other investment vehicles, according to Bloomberg.
'Simply unique': Wee Cho Yaw (1929–2024) - THE EDGE SINGAPORE

Obituary

'Simply unique': Wee Cho Yaw (1929–2024)

'My father has left an indelible mark. He has been a source of inspiration for me in all aspects of my life'
Singapore's top leadership calls Wee Cho Yaw 'simply unique' and a 'titan' - THE EDGE SINGAPORE

Obituary

Singapore's top leadership calls Wee Cho Yaw 'simply unique' and a 'titan'

'I worked closely with him, and greatly valued his perspectives and advice,' recalls PM Lee
UOB to invest over $500 mil to build new global technology and innovation centre in Punggol - THE EDGE SINGAPORE

Banking & finance

UOB to invest over $500 mil to build new global technology and innovation centre in Punggol

"Our investment here reinforces our commitment to grow our Singapore core," says UOB CEO Wee Ee Cheong
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