[GE2025] Punggol GRC

cet87

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Then NCM cham liao…

Can opposition even have the authority to stop the deal. If not government then who to stop the deal?

Sometimes i hope MAS is run by both government and opposition to have more transparency.

LW just given LHL a tight slap
Then who start the deal without informing clearly?
 

BBClone

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Maybe you fellas give ministerial positions to WP first then talk

Starting with Pritam Singh
 

sky00sky

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PROBABLY they were not around that day bah?
  • Jul 17: German firm Allianz announced plans to buy a majority stake in Income Insurance for around US$1.6 billion.
  • Jul 23: Former CEO of NTUC Income Co-operative Tan Suee Chieh posted on Facebook, saying he wanted to remind Singaporeans "what they may be losing" as a result of the deal.

    Ambassador-at-large Tommy Koh also shared on Facebook that he did not think it was a good idea to sell Income, as it was founded to serve a social purpose and need.
  • Jul 24: Mr Tan told CNA the deal was a "breach of good faith" given that the assurance from NTUC Enterprise to remain as majority shareholder was used to alleviate concerns about corporatisation in 2022.
  • Jul 25: NTUC Enterprise chairman Lim Boon Heng said Income Insurance will continue to provide affordable insurance for lower-income customers after the deal.
  • Jul 27: Income Insurance said its chairman Ronald Ong had recused himself from the board's decision to appoint Morgan Stanley as the financial adviser in its deal with Allianz. Mr Ong is also the chairman of Morgan Stanley's Southeast Asia business, and questions had been raised over potential conflict of interest.
  • Jul 30: In a statement to give "further context" amid increasing public uproar, NTUC Enterprise said Income's social enterprise model alone "cannot shoulder" growth in Singapore's competitive insurance environment.
  • Jul 31: Professor Tommy Koh posted on Facebook again, saying he was "not convinced" by the reasons given by NTUC Enterprise chairman Mr Lim for selling a majority stake in Income to Allianz.
  • Aug 1: Former NTUC Income CEO Tan Kin Lian voiced his concerns on Facebook that the proposed deal with Allianz, a foreign insurer, would not help NTUC Income fulfil its social mission.
  • Aug 2: Mr Tan Suee Chieh penned an open letter to the Monetary Authority of Singapore chairman Gan Kim Yong, asking for government regulators to step in and carefully review the planned deal.
  • Aug 4: NTUC Enterprise and Income Insurance rebutted the open letter, saying that in raising his objections, Mr Tan has "cast aspersions on the stakeholders in relation to this proposed transaction".
    Minister for Culture, Community and Youth Edwin Tong also took to Facebook to say that the Registry of Co-operative Societies (RCS) was satisfied, from a regulatory perspective, that due process was followed in Income's corporatisation exercise in 2022.
  • Aug 5: NTUC issued a statement saying it would ensure that Income upholds its commitment to keep premiums affordable for two of its low-cost insurance schemes.
  • Aug 6: Members of parliament raised questions about the affordability and accessibility of insurance for the mass market, and the government reassured them of NTUC's track record.


https://www.channelnewsasia.com/sin...anz-ntuc-enterprise-timeline-glossary-4526946

 

Laneige

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They can start to learn to share data also
Then slowly spread out the work also can try ?
 

Dudick

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Its like saying Trump delay the tariff to help the economy. But who start the tariff in the first place?
 

NTB2DO

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On DPM Gan’s involvement in seeing Singapore through crises, such as the ongoing trade war, PM Wong said: “Who in the WP team will take over all this work?”

He suggested that the WP had dropped its plans to contest Marine Parade-Braddell Heights GRC and “parachuted” into Punggol as it had not anticipated the PAP’s move to field DPM Gan in the new constituency.

“No doubt the WP would have preferred me to field a new minister here, or maybe even just go with the existing team and a new candidate,” he said. “Let’s be clear – WP didn’t step up; they stepped away from Marine Parade.”

https://www.straitstimes.com/singap...h-towards-livelihood-of-sporeans-says-pm-wong
LOL not just WP not anticipating the PAP's move to field GKY in the new constituency, all Singaporeans were deceived by PAP into believing that GKY is leading the CCK GRC:

https://www.channelnewsasia.com/sin...g-jeffrey-siow-choo-pei-ling-amy-khor-5062881

SINGAPORE: The People’s Action Party (PAP) on Monday (Apr 14) introduced its slate of candidates for Chua Chu Kang GRC, including new faces Jeffrey Siow and Choo Pei Ling.

The team will be led by Deputy Prime Minister Gan Kim Yong, who is joined by incumbent MP Zhulkarnain Abdul Rahim.
 

anchoraz

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Its like he playing big old 2.

Ur 4 cards got 17 points, still wana try and wack another card lesser than 5 points to get double payout.

But in the end get a card of 5 points or more or picture. Burst the 21 point and lose out.

Greed really destroy everything. Tis is a good example here.
 
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