Tag Archives: Japanese hotels

IPC – Capital reduction

Just 2 days ago, IPC announced a capital reduction exercise. This exercise is to return $1.60 for every share owned following the recent consolidation of 10 IPC shares into one share.  With a total shares issued of 85,291,885 shares and no shares … Continue reading

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IPC: Oei Hong Leong’s offer is unlikely to be successful

Once again, Oei Hong Leong made a mandatory conditional offer to buy up IPC after acquiring more than 30% of the company shares. Following the offer, the price of IPC was bid up to 3 year high to $0.205 before dropping back … Continue reading

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