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Oei Hong Leong sells entire IPC stake

Tycoon reaps S$11.2m for his 32.96% stake in the mainboard-listed firm; IPC chairman Patrick Ngiam and family now control 29.3% of IPC

Singapore

TYCOON Oei Hong Leong has sold his entire 32.96 per cent stake in mainboard-listed IPC Corporation through married deals on Tuesday, for a total of S$11.2 million, or an average of 40 Singapore cents per share.

Picking up some of his shares

sentifi.com

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