Tag: Income
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Tommy Koh urges Income, NTUC Enterprise leaders to apologise for failing to honour commitment on S$2B surplus
SINGAPORE: Professor Tommy Koh, special adviser to the Institute of Policy Studies at the National University of Singapore (NUS), has strongly urged the...
Allianz withdraws offer for majority stake in Income Insurance following Govt opposition
Allianz SE has announced its decision to withdraw a proposed S$2.2 billion (US$1.6 billion) voluntary cash general offer to acquire a 51% stake...
Allianz reportedly abandons NTUC Income acquisition after government’s intervention
Reuters reported on Saturday that German insurer Allianz has abandoned its S$2.2 billion (approximately US$1.6 billion) plan to acquire a 51% stake in...
