Last Price Today's Change   Day's Range   Trading Volume
0.41   +0.005 (1.23%)  0.39 - 0.545  40,300


Avg Volume (4 weeks):0
52 Weeks Range:0.36 - 0.545
52 Weeks Price Volatility (%):
Average Price Target:-


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Business 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. With the accumulated experience in the property business in China coupled with investment opportunities available in other countries, the Group has in 2008/9 expanded its property business, from a pure property developer and beyond China, into the following three core areas: 1) Consulting for and investment in property development projects in tier two cities in China; 2) Buying and selling of distressed and foreclosure residential properties, especially in Japan and USA; and 3) Investing in income producing properties. Additionally, as an investment holding, the Group continues to seek for new ventures and investments that will meet with the Group's overall development objectives.

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