SG Talk
NTUC only learned of capital extraction in Income-Allianz deal in parliament - Printable Version

+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: NTUC only learned of capital extraction in Income-Allianz deal in parliament (/Thread-NTUC-only-learned-of-capital-extraction-in-Income-Allianz-deal-in-parliament)

Pages: 1 2


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - p1acebo - 17-10-2024

Heads must roll for this fiasco. Who is more dispensable? Lim Boon Heng or Ng Chee Meng?


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - p1acebo - 17-10-2024

Or No blame culture and Honest mistake? Big Grin


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - RiseofAsia - 17-10-2024

(17-10-2024, 06:44 PM)p1acebo Wrote:  Or No blame culture and Honest mistake? Big Grin

Ownself never check whose problem?


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - p1acebo - 17-10-2024

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

It will never be their fault  Big Grin


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - kc172021 - 17-10-2024

(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??


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - Tee tiong huat - 18-10-2024

(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


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - Ola - 18-10-2024

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/singapore/chee-hong-tat-join-mas-board-directors


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - Harry Lee - 18-10-2024

https://m.youtube.com/watch?v=lBu1M0mUtLw&t=61s&pp=2AE9kAIB


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - RiseofAsia - 18-10-2024

(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.


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - p1acebo - 18-10-2024

(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


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - PerceivedToBe - 18-10-2024

(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..?


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - Harry Lee - 19-10-2024

(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...


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - Harry Lee - 19-10-2024

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 ???


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - Harry Lee - 20-10-2024

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


RE: NTUC only learned of capital extraction in Income-Allianz deal in parliament - Tee tiong huat - 24-10-2024

(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/politics/parliament-passes-bill-to-allow-govt-to-block-deals-like-allianz-income-tie-up

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