'Sustained negative impact' from Covid-19 could hurt Japan hotel business: IPC

Tue, Feb 18, 2020 - 6:55 PM

Marissa Leemarilee@sph.com.sg@MarissaLeeBT

PROPERTY investment firm IPC Corp said on Tuesday that the Covid-19 outbreak has negatively impacted the business of Nest Hotel Japan Corporation (NHJC), in which IPC owns preference shares.

IPC said: "The Covid-19 outbreak has led to a decline in the number of tourists from China to...

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