SINGAPORE - National shuttler Loh Kean Yew's cash rewards for winning the Badminton World Federation World Championships are now close to $500,000 as he received his single biggest incentive yet on Wednesday .
The 65-year-old is known for his philanthropy, with Musim Mas Holdings having gifted $2.27 million to Karim's alma mater, the National University of Singapore, to start a professorship in sustainability in its business school in 2010. The company also donated $5 million to various causes, including the Singapore General Hospital and the Alzheimer's Disease Association, in 2020.
The Karims' gesture takes Loh's rewards kitty to over $495,000. This includes money from a crowdfunding exercise initiated by Wei Chan, an SBA committee member, on a personal basis on Jan 2, which drew more than 700 donors who contributed $165,299. Local business leaders and individuals, as well as SBA and its equipment and apparel sponsor Li-Ning have also chipped to the tune of $130,000.
"I am also very thankful for Sport Singapore, SBA, Li-Ning and Singapore Sports School as they have been taking care of me and stuck with me every step of the way since I came to Singapore.
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