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Ipco boots out CFO, names new investor as finance chief

Carlson Smith fired over continued absence from office, failure to conduct on-site visits to group's China and US subsidiaries

Published Fri, Mar 2, 2018 · 09:50 PM

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Singapore

MAINBOARD-LISTED Ipco International has dismissed its executive director and chief financial officer, Carlson Smith, 63, on several grounds of "misconduct", effective Feb 27, the construction and turnkey project company said in a filing to the Singapore bourse on Thursday.

This comes after Ipco's new investor James Blythman, 33, requisitioned Mr Smith's ouster during an extraordinary general meeting (EGM) held on Jan 19.

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