Its chairman Lim Boon Heng says it will keep Income to its social objectives.
SINGAPORE - NTUC Enterprise will continue to back Income Insurance and keep it on track to serve its social objectives even after theIncome will continue to provide affordable and accessible insurance options to the underserved and lower-income customers through products such as the LUV and SilverCare policies, he said in a statement.
He added that the labour movement here has provided Income with capital for its business over the years. In a separate statement, Income said that NTUC Enterprise, as a substantial shareholder following the close of the deal, will remain firmly committed to Income and its stakeholders, including policyholders and shareholders.
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