Congrats to all Income Insurance Ltd shareholders! The former NTUC Income Co-operative- which has just recently completed its corporatisation in September 2022- announced that German financial services giant Allianz plans to acquire 51% of its share at S$40.58 per share. Considering the fact that many shareholders got their share at S$10 par value and even […]

source: https://thefinance.sg/2024/07/17/loyal-shareholders-of-income-insurance-ltd-see-jaw-dropping-400-returns-from-potential-bidders-market-valuation/