Money
Malaysian tycoon Francis Yeoh gifts US$1.1m to struggling Roman opera house
YTL Corporation Bhd Group Managing Director, Tan Sri Dr Francis Yeoh speaks during Pemandus Global Malaysia Series programme at Bukit Kiara, Kuala Lumpur, June 3, 2014. u00e2u20acu201d Picture by Yusof Mat Isa

KUALA LUMPUR, June 26 — Malaysian tycoon and performing arts lover Tan Sri Francis Yeoh has given Rome’s struggling opera house €1 million (RM4.13 million), the opera said yesterday.

Yeoh, chief of the huge YTL conglomerate, was quoted by the Teatro dell’Opera di Roma as saying he hoped the gift would help the institution “distinguish itself on an international level as one of the most prestigious and excellent artistic centres in the world.”

A long-time admirer of Italy’s prized opera singers Pavarotti and Andrea Bocelli, Yeoh has financed numerous classical music concerts at home and abroad.

The Roman theatre hit the headlines last year after a series of orchestra and chorus strikes, summing up the struggle across the arts sector in a country hit hard by funding cuts during the deepest recession since the Second World War. — AFP

Related Articles

 

You May Also Like