Singapore: Linc enters voluntary administration, FWD buys majority in Shenton

Singapore: Linc enters voluntary administration, FWD buys majority in Shenton

Skyline of Singapore financial centre. Credit:Flickr/Paul Chaloner

Linc Energy is entering voluntary administration and CapitaLand’s RCS Trust has secured an S$1.06 billion loan facility. Meanwhile, life and medical insurance provider FWD Group has acquired 90 per cent of Shenton Insurance.

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