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Retail shareholders holding 28 million Income shares face complex trading issues
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Based on Income’s latest annual report, 15,835 individual shareholders held 28.1 million Income shares as at Dec 31, 2023.
PHOTO: ST FILE
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SINGAPORE - Retail shareholders holding a total of as much as 28 million shares in Income Insurance are facing difficulties in deciding what to do with their holdings as they grapple with the complexity in trading of the public non-listed company’s shares.
Some told The Straits Times that they did not know how to buy or sell the shares in Income, which is a public company but whose shares are not listed or traded on a stock exchange.
