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Full Version: NTUC only learned of capital extraction in Income-Allianz deal in parliament
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Heads must roll for this fiasco. Who is more dispensable? Lim Boon Heng or Ng Chee Meng?
Or No blame culture and Honest mistake? Big Grin
(17-10-2024, 06:44 PM)p1acebo Wrote: [ -> ]Or No blame culture and Honest mistake? Big Grin

Ownself never check whose problem?
(17-10-2024, 06:46 PM)RiseofAsia Wrote: [ -> ]Ownself never check whose problem?

It will never be their fault  Big Grin
(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??
(17-10-2024, 06:43 PM)p1acebo Wrote: [ -> ]Heads must roll for this fiasco.  Who is more dispensable?  Lim Boon Heng or Ng Chee Meng?

Both better... Rotfl
Did MAS approved the sell of the stakes?

MAS is led by Tat- Tat?

So, PAP is fully aware of NTUC Income to be sold, lor.

https://www.businesstimes.com.sg/singapo...-directors
(17-10-2024, 06:47 PM)p1acebo Wrote: [ -> ]It will never be their fault  Big Grin

Got at fault before lah but they will cry like baby to sweep away the punishment lah.
(18-10-2024, 06:23 PM)RiseofAsia Wrote: [ -> ]Got at fault before lah but they will cry like baby to sweep away the punishment lah.

Nice titties Big Grin
(17-10-2024, 10:11 AM)Sticw Wrote: [ -> ]The board and mgt must be brought to task if indeed this is true. What is the NTUC mgt and board really doing for their keeps?

asleep at the wheel, like a certain ex-PM's son..?
(17-10-2024, 05:18 PM)Clyde Wrote: [ -> ]Ah Tat cannot make it. Heard his internal staff also said he "NG".
Laohong biscuit suits chee Hong tart quite well...
Why Ntuc-Ah Lian wedding was called off at the altar... Simply explained for Dummies....
https://m.youtube.com/watch?v=R1kKRUduQxg
.... marrying off yr daughter (51%) and giving away $2 billion dowry ???
LMW @2.45.... I'm shocked, very unhappy.. Can the govt pursue responsibility....
https://m.youtube.com/watch?v=43d-PBaiu8s&t=185s&pp=2AG5AZACAQ%3D%3D
(17-10-2024, 12:05 PM)Manthink Wrote: [ -> ]A loop hole in the law...that's why Parliament passed an amendment...

https://www.straitstimes.com/singapore/p...ome-tie-up

✓Block, sell to EASTERN...?.and hope with can better price. Rotfl
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