The national University of Singapore (NUS) Business School has received a gift of $21 million from Indonesian business conglomerate Lippo Group. This is the single largest gift from a private donor to NUS Business School and also marks Lippo Group's first gift to NUS. The sum includes a $15 million gift for the development of the School's new flagship building, as well as a $6 million endowed gift to fund two distinguished professorships at the School.

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