IPC

IPC

Postby learn2win » Fri Apr 02, 2010 12:04 pm

Mr Oei is back. Time to make some money back from his FOREX losses? :lol:

----------------------------------------
Name of Announcer * IPC CORPORATION LIMITED
Company Registration No. 198501057M
Announcement submitted on behalf of IPC CORPORATION LIMITED
Announcement is submitted with respect to * IPC CORPORATION LIMITED
Announcement is submitted by * Lauw Hui Kian
Designation * Director
Date & Time of Broadcast 01-Apr-2010 19:16:43
Announcement No. 00201


>> ANNOUNCEMENT DETAILS
The details of the announcement start here ...

>> PART I

1. Date of notice to issuer * 01-04-2010

2. Name of Substantial Shareholder * Mr Oei Hong Leong ("OHL")

3. Please tick one or more appropriate box(es): *

Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]


>> PART II

1. Date of change of [Select Option]

2. Name of Registered Holder

3. Circumstance(s) giving rise to the interest or change in interest [Select Option]
# Please specify details


4. Information relating to shares held in the name of the Registered Holder

No. of [Select Option] held before the change
As a percentage of issued share capital %

No. of N.A. which are subject of this notice
As a percentage of issued share capital %

Amount of consideration (excluding brokerage and stamp duties) per share paid or received

No. of N.A. held after the change
As a percentage of issued share capital %


>> PART III

1. Date of change of Deemed Interest 01-04-2010

2. The change in the percentage level From 16.14 % To 18.01 %

3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase
# Please specify details
Purchase of shares by Cargill Pte Ltd ("Cargill"). OHL owns more than 50% of the issued share capital of Chip Lian Private Limited which in turn holds 100% of the issued share capital of Oei Hong Leong Foundation Pte Ltd ("OHLF") and Cargill. By virtue of Section 7 of the Companies Act (Chapter 50), OHL is deemed to be interested in the IPC Corporation Limited shares held by both OHLF and Cargill.

4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:
The change in the percentage is the result of a series of transaction.


>> PART IV

1. Holdings of Substantial Shareholder , including direct and deemed interest :


Direct
Deemed
No. of shares held before the change 0 85,308,000
As a percentage of issued share capital 0 % 16.14 %
No. of shares held after the change 0 95,198,000
As a percentage of issued share capital 0 % 18.01 %

Footnotes
The above percentages are based on 528,613,759 issued shares and rounded to 2 decimal places. Any discrepancies in the percentages listed and the total thereof are due to rounding.

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Re: IPC

Postby kennynah » Sat Apr 03, 2010 3:41 pm

what is IPC's core business?
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Re: IPC

Postby millionairemind » Sat Apr 03, 2010 5:53 pm

kennynah wrote:what is IPC's core business?


Company Background
IPC Corporation Ltd (the "Company") (www.ipc.com.sg) was incorporated in Singapore on 8 May 1985 and has been listed on the Mainboard of the SGX-ST since 21 May 1993. The businesses of the Company and its subsidiaries (the "Group") include property investment and development, as well as, investment holding.The Group started its property development in Zhuhai, the People’s Republic of China in 1997 and its first project was Costa del Sol (www.costadelsol.com.cn), a residential cum commercial property project that has a gross build-up area of more than 170,000 square meters. In addition, the Group also engages in activities of investment holding whereby the Group invests in a wide range of investments across diverse industry sectors so as to improve shareholders’ value. Nanyang Institute of Management, a private education organization in Singapore, is an associated company of the Company.
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Re: IPC

Postby kennynah » Sat Apr 03, 2010 6:16 pm

Thanks MM!
And I thot IPC was some computer hardware maker. Haha. Heng ah, if I trade sgp mkt, will be dishing out free $$ to all of u constantly :)
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Re: IPC

Postby learn2win » Sun Apr 04, 2010 11:53 am

kennynah wrote:Thanks MM!
And I thot IPC was some computer hardware maker. Haha. Heng ah, if I trade sgp mkt, will be dishing out free $$ to all of u constantly :)


Hi K,

You are right that IPC used to make computers. They are very popular during the 1990s and the family used to be one of the top 10 richest in Singapore at that time (that time also got Mr Sim of Creative but now they no where in sight)

I am also shocked that they are popular developers now... :lol:
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Re: IPC

Postby kennynah » Sun Apr 04, 2010 2:33 pm

Thanks learn2win!!
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Re: IPC

Postby winston » Thu Feb 09, 2012 3:40 pm

not vested

Shares of Singapore property developer IPC Corp Ltd jumped as much as 25 percent to a record, extending gains from the previous session after tycoon Oei Hong Leong increased his stake in the company.

Source: Reuters
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Re: IPC

Postby winston » Fri Feb 10, 2012 10:56 am

not vested

Down 11% now. So how many chasers got burnt ?
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: IPC

Postby winston » Tue Aug 07, 2012 1:57 pm

not vested

STOCKS NEWS SINGAPORE-IPC Corp jumps after tycoon raises stake

Shares of IPC Corp Ltd surged as much as 18 percent after Singapore tycoon Oei Hong Leong, who has a reputation as a value investor, raised his stake in the property developer to 25.39 percent from 23.10 percent.

"People saw the announcement so they might be jumping in, as they think he sees some potential in the company. Oei himself might be buying further," said a trader.

Oei bought 19.5 million IPC shares in the open market and now holds 216.5 million shares, IPC said in a stock market filing on Monday. IPC derives the majority of its revenue from Japan.

IPC was the top traded stock by value and volume in the Singapore market. The company's shares jumped as high as S$0.165, the strongest level since April 13, on volume of more than 171 million shares, 30 times the average full-day volume over the past 30 days.

Shares of Singapore materials trading company Intraco Ltd had also jumped in June after Oei bought a large stake in the firm.

IPC stock has surged 77 percent so far this year versus the 16 percent gain in the FT ST Small Cap Index. On Monday, IPC reported that its second-quarter net loss narrowed to S$1.2 million ($999,600) from nearly S$3 million a year ago.


Source: Reuters
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: IPC

Postby winston » Thu Apr 02, 2015 6:00 pm

Mr. Oei Hong Leong has made a mandatory conditional cash offer for the remaining IPC Corporation Ltd shares that he does not own at an offer price of S$0.170/share in cash.
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