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

[Lemonpeach]

When the press release on acquisition was first announced, why not be proactive to mention the parties involved and that the said person had recused/abstained. Why only clarify after public questioned?

Nowadays, SG is really CLUMSY in execution. Like a drunkard.

 

[doppypoppy]

learn from PM Lee

 

[Visor9999]

After the sale, where will the money go to?

Temasek or/and GIC?

Feeding Morgan Stanley of coz for the deal commission

 

[econ food]

Would Allianz resell it to other company?

 

[bakuganboy]

business so tough, willng to risk moral hazard to complete deal. home grown banks cannot do meh?
may be the otherway round, the Swiss bank regulator would investigate.

 

[dennismados]

Chairman from both side, if deal went throught who will benefit the most ? Recused my foot. If this promise is broken then most of the word from there cannot be trusted.

 

[tmkedmw]

Board of Directors meeting are all minuted and published by secretary of the board.
Vetted and signed off typically by chairman and one other board member.

Show the meeting minutes documenting the recusal.

 

[daylight]

this recuse word is used very often by some one b4, during argument with his brother

 

[LocalRider]

Tan cheng bock is very wrong, his wife dont tell him ntuc fairprice is actually not fairprice? limited items in shop and selling expensive?

Last time is called NTUC Fairprice.

Now only called Fairprice.

Does it mean next time NTUC Enterprise CEO decide ok also can sell off Fairprice?

Now is corporatised already, not cooperative anymore leh

 

[C_boliao]

Any promises made why the current gov is just purely to cheat people.

 

[Bam25th]

What is wrong with making more money?

The only ones who benefits from this are the shareholders. And these big shareholders are the ones making the decision, so we all know how it will end up

Not sure how much power the govt has to stop this sales. Not even sure if they want to stop it since it’s probable at least quite a few of the MPs etc are shareholders too.

 

[chongquan82]

Yes this ish the reason moi voted pap

They can get away with anything

And sinkies cannot do anything about it

 

[cute_togepi]

Where is Brother Ng, why is he sooooooo quiet?

 

[wongwings]

If he was someone with no affiliation with the government, this would be treated as corruption.

 

[Shion]

when will MAS conduct a thorough investigation on this ?

 

[lalalalalala]

oh yes, your big big big chairman boss is senior exec in morgan stanley and "recuse" himself.
you will not use morgan stanley?

 

[cloh2023]

Income insurance can be sold.

next will be SIA, SPH (if anyone wants to buy, lol), CPF, Keppel etc.

but i hope the entire cabinet is sold la, maybe half chinese and half indians...

 

[eAtNeAt]

Pappies came up with the 'recuse' excuse to circumvent conflict of interests. Now everyone want to follow.

 

[kuti-kuti]

How come ho jinx this time so quiet?
She post 1 sentence can change everything, just like simply go

 

[serangoon1]

This happening before erection

Greedy PIGS