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IPC Corporation
Company in the news
Intraco, Jadason Enterprises etc to be placed on SGX’s watch-list after losses in the last three financial years
The companies say it will be business as usual for the company and that trading in their shares will also continue as per usual.
June 05, 2023
Founders of Raffles Medical Group and Credit Bureau Asia raise respective stakes
Founders of Raffles Medical Group and Credit Bureau Asia raise respective stakes, IPC Corp gets a new substantial shareholder.
March 05, 2021
Results
Write-down of Japan hotel business swings IPC into losses of $16.7 million
(SINGAPORE) Jan 23: Japan’s economy is enjoying a broad-based lift from the 2020 Tokyo Olympics to be held later this year.
January 24, 2020
Results
IPC swings back to the black on higher fair value gain
SINGAPORE (Jan 30): IPC Corporation, the property investment and development, hotel management and investment holding company, reported after-tax profit amounting to nearly $25 million, reversing from losses of $4.8 million for FY17.
January 30, 2019
Oei Hong Leong disposes entire IPC stake to Ngiam family after end of APSI deal
SINGAPORE (Sept 11): Asset trader Oei Hong Leong on Tuesday sold his entire 32.96% stake in IPC Corporation via married deals to the latter's chairman and CEO Patrick Ngiam and his family.
September 11, 2018
M&A
Ngiams withdraw acceptance of APSI's offer for IPC stake via mutual consent
SINGAPORE (Apr 5): IPC Corp says chief executive Patrick Ngiam and his family have withdrew their acceptance of the offer from Asia-Pacific Strategic Investments (APSI) to buy their stake in the company.
April 05, 2018
Asia-Pacific Strategic Investments accepts Oei's withdrawal
SINGAPORE (Mar 5): Offeror Asia-Pacific Strategic Investments (APSI) has accepted Oei Hong Leong’s withdrawal to sell his 32.96% stake in IPC Corp.
March 05, 2018
M&A
Oei Hong Leong withdraws acceptance of offer for his 33% stake in IPC
SINGAPORE (Mar 2): Asset trader Oei Hong Leong is withdrawing his acceptance of an offer by Asia-Pacific Strategic Investments (APSI) for his stake in IPC Corp.
March 02, 2018
M&A
Asia-Pacific Strategic Investments issues letter of offer to acquire shares in IPC
SINGAPORE (Feb 1): Asia-Pacific Strategic Investments is making a move to acquire IPC Corporation to enlarge its property development business.
February 01, 2018
Tech
IPC to invest in medtech following failed AI bid
SINGAPORE (Nov 30): IPC Corporation has entered into a binding term sheet for a proposed investment in Global Health Byte (GHB).
November 30, 2017