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Platform in talks to relist Income shares as some shareholders express uncertainty over Allianz deal

The Straits Times LogoThe Straits Times3h ago

Platform in talks to relist Income shares as some shareholders express uncertainty over Allianz deal - The Straits Times

Quick Summary:

Alta was earlier ordered to cease this service by Oct 17, in the light of the German insurer's offer.

Otherwise, they have to go through the tedious task of finding willing buyers themselves.“Alta Exchange is in early discussions to explore the possibility of relisting Income Insurance tokens on AltaX.

Mr Michael Ong, an Income shareholder, was hoping for some capital gains from his investment: “Income shares are not listed on the Singapore Exchange.


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Platform in talks to relist Income shares as some shareholders express uncertainty over Allianz deal - The Straits Times (Picture 1)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 22:20:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 996 words

Reading Time: 6 minutes read

Sentences: 42 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23076408

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Official Website: straitstimes.com

Update Frequency: 15 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 4 hours ago

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Publisher ID: #25

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