17-10-2024, 07:49 PM
(17-10-2024, 02:56 PM)Harry Lee Wrote: Asset stripping??? Ex army general Ah Tat thought LMW deliberately coined these words when it's a standard financial term commonly used....
https://m.youtube.com/watch?v=RRAnjXyJgOY
LMW came from lousy school... Ah Tat come from which school???
Aiya -- if bad term is ASSet STRIPPING Execise
Good term is capital reduction exercise.
Both mean the same thing but PAP wants to dress it nicely.
But just imagine if 1.85 Billion to be distributed to 1.7 million policy holders, how much each will get , why does not NTUC insurance issue this as the bonus to all policies holders to thank them for their loyalty??