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Edwin Tong
Banking & finance
Allianz is close to dropping Income insurance deal
Many in Singapore complained how the deal could lead to higher insurance premiums and betrays Income’s roots to help middle to lower-income Singapore workers
December 14, 2024
M&A
Ex-Income CEO 'welcomes’ government's Allianz-Income deal block; Allianz to consider revisions to proposed transaction
It is also not clear what Income might do after the capital extraction, for example to adjust or trim its insurance portfolio, and what impact this could have on policyholders: Minister Edwin Tong
October 15, 2024
M&A
Former NTUC Income and NTUC Enterprise CEO rebuts NTUC Enterprise’s points
Questions on the sale are set to be asked in Parliament during its next sitting on Aug 6.
August 05, 2024