The Straits Times - Lasalle receives $50m donation from Ngee Ann Kongsi to build 12-storey building

Thursday, Nov 14 2019 04:37 PM

In a speech on Thursday (Nov 14), Deputy Prime Minister Heng Swee Keat said it is apt that two historic institutions are coming together to contribute to the nation's future in its bicentennial year.

"Their collaboration is also a testament to how far we have come along this journey from Singapore to Singaporean," added Mr Heng, who noted that a Teochew foundation is donating tens of millions of dollars to an arts school founded by a Catholic order.

"This is not something that happens readily in other parts of the world today, and something that we should treasure and never take for granted," said Mr Heng, who is also Finance Minister, at the cheque presentation ceremony at Lasalle's McNally campus.

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Fun Fact:

- Ngee Ann Kong Si (NAKS) was formed in Singapore in 1845

- Vault@268 is a subsidiary of Ngee Ann Development (NAD), making NAKS our parent company

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The comments are for the benefit of readers after digesting the contents of the article. Source article is at : https://www.straitstimes.com/singapore/education/ngee-ann-kongsi-gives-biggest-single-donation-of-50m-for-12-storey-lasalle




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