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Revaluation, disposal gains boost IPC's FY14 earnings

Singapore

GAINS from the revaluation of investment properties in Japan, as well as disposal of others, boosted IPC Corporation's FY14 net profit by 57.1 per cent to S$28.6 million.

This was despite the property developer and hospitality group's 28.9 per cent drop in sales to S$33.4

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