Keeping a majority stake in Income and local ownership ideal, but interests not aligned: NTUC

Keeping a majority stake in Income and local ownership ideal, but interests not aligned: NTUC

The Straits Times - World·2024-08-05 19:03

SINGAPORE - Retaining a majority shareholding in Income Insurance and keeping the insurance provider locally owned would have been ideal. However, NTUC Enterprise (NE) was unable to find a partner with similar interests, the National Trades Union Congress (NTUC) said in an Aug 5 statement.

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