In an open letter dated 27 April, former NTUC Income CEO Tan Suee Chieh urged Jalan Kayu voters to question Ng Chee Meng’s leadership over the...
Professor Tommy Koh has called on Income and NTUC Enterprise leaders to apologise to the Government for failing to honour an earlier commitment regarding Income’s S$2...
The collapse of the Allianz-Income Insurance deal exposes troubling priorities. The S$1.85 billion capital extraction plan, quietly central to the transaction, suggests the deal was less...
Allianz has reportedly abandoned its S$2.2 billion plan to acquire 51% of Singapore’s Income Insurance Ltd following public backlash and government intervention. The deal involved a...
In a 27 Nov op-ed in The Straits Times, Prof Tommy Koh and ex-NTUC Income CEO Tan Suee Chieh expressed concerns over Allianz's ongoing merger talks...
Singapore’s Law Minister K. Shanmugam clarified that Prime Minister Lawrence Wong and the Cabinet ultimately decided to halt the Allianz-Income deal. This clarification follows comments from...
As scrutiny grows over the halted Allianz deal, questions arise about Minister Edwin Tong’s 2022 decision to grant NTUC Income an exemption, allowing S$2 billion in...
In Parliament on 16 October, MAS deputy chairman Chee Hong Tat accused opposition MPs Jamus Lim and NCMP Leong Mun Wai of attempting to "throw our...
NTUC Deputy Secretary-General Desmond Tan revealed that NTUC’s central committee was unaware of the capital extraction clause in the Income-Allianz deal until its announcement in Parliament....
Chris Kuan, a retired banker, has voiced strong objections to the now-cancelled Income-Allianz deal, focusing on an undisclosed $2 billion capital reduction. He highlights that NTUC...
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