IPCO International

SINGAPORE (June 1): The three individuals accused of being the masterminds behind the October 2013 penny stock crash will go to trial, the Singapore court decided on Friday.

SINGAPORE (Apr 13): IPCO International, whose former management and board has been accused for misusing its placement proceeds, reported an 81.7% fall in 3Q earnings ended Jan to $975,000 from $5.33 million a year ago.

SINGAPORE (Apr 11): IPCO International’s new board and management is accusing their predecessors for not using proceeds from an earlier placement in accordance to what has been approved by SGX.

SINGAPORE (Mar 18): IPCO International is asking the Singapore Exchange for an extension to report its financial results for the 3Q ended Jan after its newly-appointed directors cast doubts over the validity of certain transactions.

SINGAPORE (Mar 14): Goh Hin Calm, one of the three individuals charged in relation to the October 2013 penny stock saga, has resigned from his job as the interim CEO of IPCO International.

SINGAPORE (Mar 5): IPCO International has sacked Carlson Smith from his post as Chief Financial Officer from Feb 27 on grounds of misconduct.

SINGAPORE (Nov 1): Here are some stocks that could move the market this Wednesday morning:

SINGAPORE (Oct 17): James Moffatt Blythman, who became a substantial shareholder of IPCO International just a fortnight ago, now wants to oust the company’s leadership via an EGM.

SINGAPORE (Oct 9): IPCO International says its subsidiary in Guangshui in Hubei province, China, has completed the construction of a substation link and an 18km pipeline for a total cost of RMB65 million ($13.4 million).

SINGAPORE (Sept 14): IPCO International reported a 1Q18 net loss of $935,000 from a net profit of $34,000 a year ago on higher total cost and expenses.