ipc corp

Hyflux independent director further charged under Securities and Futures Act

AN independent director of Hyflux, Lee Joo Hai, has been further charged under Section 253 of the Securities and Futures Act, which outlines criminal liability for false or misleading statements.

For the full year ended Dec 31, 2021, IPC recorded a total loss of S$8.85 million,  narrowing from S$28.43 million a year ago.

IPC Corp flags 3 years of losses, at risk of joining SGX’s watch-list

PROPERTY company IPC Corporation said on Wednesday (May 18) that the firm had recorded 3 consecutive years of losses and might be placed on the Singapore Exchange’s (SGX) watch-list for failing to mee...

IPC Corp says two of its directors being probed over Hyflux saga

IPC Corp says two of its directors being probed over Hyflux saga

PROPERTY investment firm IPC Corporation on Wednesday confirmed that two of its independent directors are under investigation over troubled treatment water firm Hyflux's Tuaspring project.

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

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

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.

Oei Hong Leong sells entire IPC stake

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

Offer for IPC goes on but not mandatory after Oei Hong Leong pulls out

Offer for IPC goes on but not mandatory after Oei Hong Leong pulls out

CATALIST-listed Asia-Pacific Strategic Investments (APSI) has said it will proceed to acquire shares in IPC Corp from certain existing shareholders, notwithstanding tycoon Oei Hong Leong's withdrawal ...

Stocks to watch: Chip Eng Seng, Creative, IPC, Yoma Strategic, Y Ventures, Alliance Mineral Assets

Stocks to watch: Chip Eng Seng, Creative, IPC, Yoma Strategic, Y Ventures, Alliance Mineral Assets

THE following companies saw new developments that may affect trading of their shares on Tuesday.

Oei Hong Leong's withdrawal blocks mandatory takeover offer for IPC

Oei Hong Leong's withdrawal blocks mandatory takeover offer for IPC

CATALIST-listed Asia-Pacific Strategic Investments Ltd said on Monday it will proceed to acquire shares in IPC Corp from certain existing shareholders, notwithstanding tycoon Oei Hong Leong's withdraw...

IPC's plans to sell hotel, acquire robot maker fall through

IPC's plans to sell hotel, acquire robot maker fall through

IPC Corp's plans to buy a maker of butler robots and to sell a hotel have hit a wall after preliminary agreements to finalise terms fell through.

Corporate digest

Corporate digest

IPC Corp plans to pay out S$1.60 per share as part of a capital reduction exercise after the company completed the 14.9 billion yen (S$172.2 million) sale of seven hotels in Japan.