Temasek Trust Interested in Acquiring MoneyOwl

Temasek Trust has expressed interest in acquiring MoneyOwl, following the financial advisory company's decision to wind down its business. MoneyOwl and its residual capabilities, including its financial planning intellectual property and technology platforms, will be acquired as part of the agreement with NTUC Enterprise. The proposed acquisition is subject to regulatory approval and is expected to be completed in the second quarter of 2024.

MoneyOwl will cease all commercial activities by 31 December 2023

Temasek Trust Moneyowl Acquisition Financial Advisory NTUC Enterprise Commercial Activities

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