18 December 2024
Stefanie Yuen Thio quoted in The Business Times: “Allianz pull-out ‘provides clarity’ on Income’s special position”
Features Stefanie Yuen Thio
Stefanie Yuen Thio was quoted in The Business Times by Ranamita Chakraborty. The article covered Allianz’s withdrawal of its offer to acquire a stake in Income (p. 2).
Stefanie was quoted saying that Income appears to be in sound financial form at present but is looking over the horizon amid increasingly stiff competition. She expects that Income will continue to look for an investor or strategic partner to bolster its capital requirements and enjoy the economies of scale that another insurer (or someone in an adjacent industry) would bring.
The article has been syndicated on Singapore Law Watch.
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