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#ntuc — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #ntuc, aggregated by home.social.

  1. Income-Allianz deal: NTUC central committee didn't know about capital reduction plan
    "NTUC’s central committee was briefed by #NTUC Enterprise & Income #Insurance on e “strategic imperatives” for the deal, but the #capitalreduction #plan wasn't highlighted to the central committee.. The proposed #Income - #Allianz deal had sought to decrease the #capital held by Income, returning some S$1.85 billion to #shareholders within 3 years"
    👎A too-common #investmentbank #PE ploy!
    channelnewsasia.com/singapore/

  2. If #socialinstitutions dance too closely with #forprofit MNCs🤔🇸🇬

    Income-Allianz deal raises concerns among #public, experts
    "former CEO of #NTUC #Income #Cooperative, also weighed in, calling it a "breach of #goodfaith" given tt the #assurance from NTUC Enterprise to remain as #majority #shareholder was used to alleviate concerns about te #corporatisation in 2022.. Insurance Income was founded in 1970 to provide #essential, #affordable #insurance to #underserved #workers"
    channelnewsasia.com/singapore/

  3. If #socialinstitutions dance too closely with #forprofit MNCs🤔🇸🇬

    Income-Allianz deal raises concerns among #public, experts
    "former CEO of #NTUC #Income #Cooperative, also weighed in, calling it a "breach of #goodfaith" given tt the #assurance from NTUC Enterprise to remain as #majority #shareholder was used to alleviate concerns about te #corporatisation in 2022.. Insurance Income was founded in 1970 to provide #essential, #affordable #insurance to #underserved #workers"
    channelnewsasia.com/singapore/

  4. If #socialinstitutions dance too closely with #forprofit MNCs🤔🇸🇬

    Income-Allianz deal raises concerns among #public, experts
    "former CEO of #NTUC #Income #Cooperative, also weighed in, calling it a "breach of #goodfaith" given tt the #assurance from NTUC Enterprise to remain as #majority #shareholder was used to alleviate concerns about te #corporatisation in 2022.. Insurance Income was founded in 1970 to provide #essential, #affordable #insurance to #underserved #workers"
    channelnewsasia.com/singapore/