News Update MBS buys 7,000 coin banks
By Cheryl Ong
INTEGRATED resort Marina Bay Sands (MBS) has lent its weight to The Straits Times School Pocket Money Fund with a $35,000 donation to the national newspaper's coin bank initiative.
It has bought 7,000 coin banks, which retail at $5 each, and will distribute them to its employees.
MBS is the first corporate company, besides joint organisers of the drive NTUC FairPrice and OCBC Bank, to be involved in supporting sales of the coin bank, which was launched last week.
The coin banks are now on sale at NTUC FairPrice supermarkets.
All proceeds will go to the pocket money fund, which helps children from low-income families pay for meals and school-related expenses.
'Marina Bay Sands is committed to helping the youth of Singapore achieve their potential in many ways, including providing educational and learning opportunities,' said Mr Thomas Arasi, president and chief executive officer of MBS..
