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The NTUC Enterprise (NE) is the holding entity of a portfolio of businesses across the key domains of Food, Health, Education and Insurance. NE operates as an active shareholder, on behalf of the NTUC, NTUC Foundation, SLF and affiliated unions, to steer the businesses’ long term development to create positive impact for its key stakeholders ...
13 hours ago · Should the deal go through, NTUC Enterprise will retain a substantial stake of between 21.8 per cent and 49 per cent in Income, depending on how minority shareholders tender their shares.
4 hours ago · NTUC Enterprise said it issued a letter of responsibility for Income Insurance to the Monetary Authority of Singapore in 2012, and converted its shares to irredeemable ones so that they could ...
4 days ago · Lim, a former ruling party MP who retired prior to the 2011 GE, assured that NTUC Enterprise will remain an active shareholder, ensuring that Income upholds its foundational purpose.
Jul 17, 2024 · NTUC Enterprise currently holds approximately 72.8% of the Shares in Income Insurance, with the remaining held by minority shareholders.
4 hours ago · But this is a challenge that a social enterprise model alone cannot shoulder, said NTUC Enterprise (NE) Co-operative in a statement. The pre-conditional general offer by Allianz Europe is expected to enable Income Insurance to leverage Allianz’s strengths, and will help Income compete in Singapore where more than 40 global, regional and local insurers jostle for market share.
5 days ago · SINGAPORE – NTUC Enterprise will continue to back Income Insurance and keep it on track to serve its social objectives even after the sale of a large stake to German insurer Allianz, said its...
Discover how NTUC Enterprise have accompanied many through Singapore’s growth in the last 50 years. Read more about ReUnion here!
Established in 2019, FairPrice Group comprises four main social enterprises – NTUC FairPrice, NTUC Foodfare, Kopitiam, and NTUC Link. With the vision of being a leader in everything food, our purpose as a social retailer is to make life better for all. Home. Our Group.
6 days ago · NTUC Enterprise says it remains “fully committed” to supporting Income Insurance in a clarification statement issued on July 25. In a separate statement issued on the same day, Income Insurance adds that NTUC Enterprise will remain a substantial shareholder after the close of the offer. Its on-going commitments, including social ones, will ...
