Income was a co-operative when it was created in 1970 as NTUC Income Insurance Co-operative Limited. Under Section 88 of the Co-operative Societies Act, if a co-op is wound up, members will be paid their capital and dividends up to a cap. Beyond this limit, any surplus funds will be transferred to the Cooperative Societies … Read more
SINGAPORE: Team Singapore athletes who participated in the Paris Olympics and Paralympics, including medallists Jeralyn Tan, Maximilian Maeder and Yip Pin Xiu, have been invited to attend a sitting of parliament next month. In a Facebook post on Monday (Sep 23), Minister for Culture, Community and Youth Edwin Tong said that his ministry will propose a motion … Read more
.jpg?itok=QGNIvZpF "Development cost of Founders’ Memorial estimated at S5 million: Edwin Tong")
The Founders’ Memorial will consist of an integrated gallery and gardens experience at Bay East to commemorate Singapore’s founding leaders and generation, said Mr Tong. It will also “serve as a space to capture the spirit of our nation and unify Singaporeans, by enabling Singaporeans of different generations to reflect on our past, and be … Read more
