SINGAPORE (The Straits Times/Asia News Network): The Monetary Authority of Singapore (MAS) on Monday (May 15) launched a $10 coin to commemorate the 100th birth anniversary of Singapore’s founding prime minister Lee Kuan Yew.
The coin pays tribute to Lee’s “strategic vision, boldness and indomitable spirit that transformed Singapore from a regional trading port to a global manufacturing, business and financial hub”, MAS said in a release.
One side of the coin features a portrait of Lee, accompanied in the foreground by the Marina Barrage. It represents his vision to build a freshwater reservoir in the city, strengthening Singapore’s water resilience. Applications for the coin open on Monday and end on June 9, and can be made online at go.gov.sg/lkycoin-orderApplicants will need to furnish their NRIC and mobile phone numbers, as well as indicate the preferred bank branch to collect the coins from, such as those of DBS Bank/POSB, OCBC Bank, UOB, Bank of China and Maybank.Each person can apply for up to five coins.
No upfront payment is required. Applicants will pay for the coins, at $10 each, when collecting them at the banks. It added that all SMS notifications from MAS for the LKY100 coin “will not contain any clickable link nor ask for any upfront payment”.
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