Thursday 11 January 2024

Income Insurance Share Liquidity Program

 











Phillip Securities Pte Ltd welcomes shareholders of Income Insurance Limited to register for the first tranche of the Income Insurance Share Liquidity Program. The opening date for the transfer of shares custody and submission of sell orders to Phillip Securities Pte Ltd is 12 January 2024 (Friday) at 9:00am. The registration for the first tranche of the Income Insurance Share Liquidity Program closes on 27 January 2024 (Saturday) at 1:00pm.

Please visit any of our Phillip Investor Centres (other than Phillip Investor Centre Lite) for registration, and be reminded to bring the physical copy of the announcement letter issued to you by Income Insurance Limited. It is advisable that you check the crowd status with the preferred Phillip Investor Centre before visiting.

The Trade Date of the first tranche of the Income Insurance Share Liquidity Program will be announced at a later date.

The Income Insurance Share Liquidity Program (“IISLP”) is a bespoke solution offered by Phillip Securities Pte Ltd (“PSPL”) to provide shareholders of Income Insurance Limited (Reg. No. 202135698W) the opportunity to liquidate their Income Insurance Shares.

To participate in the IISLP, Income Insurance shareholders would need to:

  • Have a trading account with PSPL;
  • Be an existing Income Insurance Limited shareholder;
  • Complete the custody transfer of their Income Insurance Shares to PSPL;
  • Complete and submit their selling order;
  • Be residing in Singapore;
  • Have an email address to receive correspondence and updates from PSPL; and
  • Not be bankrupt.


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