[Consolidated] Income Insurance, Allianz in talks on tie-up, seeking regulatory approval

[michael_thm]

oh no... our reserves so empty until govt have to sell govt owned companies... no wonder pinkie so eager to run road... siao liao...

 

[JippunLang]

Lol @ retain substantial stake.

Say that after Allianz acquire enough to be the major stakeholder.

Lai lai Great Singapore Sales is on! Sell away the local businesses, then invest in overseas one.

Pui

 

[Maihiam]

Foreign influence? Income under NTUC?

 

[dexboi]

Singlife is owned by Japanese - Sumitomo Life if you neh read the news.
Very soon Singapore will be sold too. haha

 

[toolbox03]

Are we so desperate for $$ ?
Thought some are core strategic companies.. national interest..
But … spc sold.. natsteel sold.. power stations sold.. then what is strategic ?

National identity everywhere is eroding slowly to herald in a one world government soon

 

[doppypoppy]

Government should fkin let SPH collapse and use the $200m to fund and own essential services like insurance.

 

[jowaii89]

sell out is mybfd. the problem is the profit privatized, and the costs socialized

 

[Evil_Boss]

even our insurance also sell to foreigner

 

[eatingtunic]

Temasek hld can buy those share wat...why need sell to others....

 

[sango65]

need to ask Brother Chee Meng for his opinion / approval to allow the takeover?

 

[wwenze]

Are we so desperate for $$ ?
Thought some are core strategic companies.. national interest..
But … spc sold.. natsteel sold.. power stations sold.. then what is strategic ?

Only NSF is strategic. Born to be human resource.

 

[cpuer]

Singlife is owned by Japanese - Sumitomo Life if you neh read the news.
Very soon Singapore will be sold too. haha

Please buy Singaporu, onegai shimasu!

 

[Ubi-Warrior]

What kind of return they gonna get?

Market small no?


App Time!!!

 

[Braun8]

Wah, my family's health insurance is with NTUC Income / Incomeshield

After this foreign takeover, will our health insurance price go up?

 

[Mr.Kopi]

wow we keep selling our national asets

 

[StoicGuy]

Its all about business.

Brother N is monitoring the situation.

 

[subprimelive]

actually even if they don't buy over, insurance premium will usually keep increasing every year right?

 

[tqx]

sell already money go to who?

 

[swenson]

waiting for sinkie edmwer here to set up a local insurance, bank, oil refinery coy until big big to fight the 'new' owners...

Just like in boleh land, Gardenia bread kana force sold, open Massimo to compete...

 

[Lemonpeach]

Sell off Income. Next sell off Unity.
Then Fairprice. Give Sinkies shares at low price like Singtel privatisation.

Other, asset sale means what?