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hmphie
    26-Aug-2013 09:41  
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Notice is hereby given that the 21st Annual General Meeting of the Company will be held at the registered office of the Company, IPCO Building, 24 Pandan Road, Singapore 609275 on 30th August 2013 at 9.00 a.m. for the following purposes:-


Emptyhand      ( Date: 23-Aug-2013 23:14) Posted:

eh . not today ? lol

 
 
guoyanyunyan
    26-Aug-2013 09:34  
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...no more hope to get it at or below $0.027 liao...?...
 
 
Emptyhand
    23-Aug-2013 23:14  
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eh . not today ? lol
 

 
hmphie
    23-Aug-2013 22:22  
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It is next Friday?

Emptyhand      ( Date: 23-Aug-2013 18:36) Posted:

how was the agm ?

 
 
Emptyhand
    23-Aug-2013 18:36  
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how was the agm ?
 
 
guoyanyunyan
    23-Aug-2013 10:52  
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...haha... can start as early as 5:15pm... ic... thank you...

sk6666      ( Date: 23-Aug-2013 10:50) Posted:



  Try to send your orders at 5.15pm.

  Orders submitted after 5:15pm shall be processed on the next trading day

 

 
sk6666
    23-Aug-2013 10:50  
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  Try to send your orders at 5.15pm.

  Orders submitted after 5:15pm shall be processed on the next trading day
 
 
guoyanyunyan
    23-Aug-2013 10:48  
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...has tried once... queue just after midnight... order accepted... but at the end still not done...:-(

unique6      ( Date: 23-Aug-2013 10:45) Posted:





I think he is also queuing to collect at 2.8c how do we retail investors  jump his queue when he has more brokerage accounts and faster systems to queue with? anyone know how the queue  systems works, I queue online exactly at 8.30am but still far behind.  

srichipan      ( Date: 22-Aug-2013 08:19) Posted:

Better to buy below 0.28 though :) I think Edward not yet done accumulating


 
 
unique6
    23-Aug-2013 10:45  
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I think he is also queuing to collect at 2.8c how do we retail investors  jump his queue when he has more brokerage accounts and faster systems to queue with? anyone know how the queue  systems works, I queue online exactly at 8.30am but still far behind.  

srichipan      ( Date: 22-Aug-2013 08:19) Posted:

Better to buy below 0.28 though :) I think Edward not yet done accumulating

 
 
Laggard
    22-Aug-2013 16:52  
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This is a plan more than 10 years ago. Yes, Edward may know as he may be then working in IPCO ... haha. But I think the company refer in the announcement  is already sold. Over the years, so much businesses  were  sold and bought in by  IPCO management..... so what is left as REAL business? US Property? Gas supply  in China? Electronic equipment trading? Total turnover in last FY is less than 30 million,  it is  that  small a  business. This year good result is coming from the gain in  financial asset, it  is one off not from REAL business, not sustainable. Unless they sell stake in  Blumont and distribute to shareholders as dividend :).

Anyone  notice that the top 2 shareholders account for only 16%, the largest  is Edward where he bought in aggressively last few months. There is  so much free float out there.... No wonder  IPCO management can  do what they like, test here test there.... No one ask why.

Maybe Edward  & Associate plan to come in to take control but he is  still at10%, no bulk transaction can be  done  so it  can be  a long haul game....   

My 2 cents worth.. haha :)

hmphie      ( Date: 22-Aug-2013 11:44) Posted:



IPCO tried spinning off their investment holdings company in 2002. I think Edward should be aware of this.



IPCO INTERNATIONAL LIMITED

PROPOSED LISTING OF IPCO INTERNATIONAL HOLDING PTE LTD (TOGETHER WITH ITS WHOLLY-OWNED SUBSIDIARY IPCO INSITUFORM (S.E.ASIA) PTE LTD) ON THE SGX SESDAQ

The Board of Directors (" the Directors" ) of Ipco International Limited (" the Company" ) plans to spin off its wholly-owned subsidiary, Ipco International Holding Pte Ltd (" IIH" ), by way of a separate listing (the " Spin-off" ) on the Stock Exchange of Singapore Dealing and Automated Quotation System (" SGX Sesdaq" ). In turn, IIH has a wholly-owned subsidiary, Ipco Insituform (S.E.Asia) Pte Ltd (" Ipco Insituform" ). In connection with this, the Company has appointed SBI E2-Capital Pte Ltd as the Manager to advise on the proposed listing exercise. Based on an initial review of the financial information of IIH, the Directors believe that IIH will meet the requirements for a listing on the SGX Sesdaq.

The proposed Spin-Off will be in the form of a preferential offer of shares to the current shareholders of the Company and a placement of shares to selected investors. It is proposed that the preferential offer of shares to current shareholders of the Company be made at a discounted price vis-a-vis the price to be offered to the selected investors.

Brief Information on IIH

IIH is an investment holding company.

Its wholly-owned subsidiary, Ipco Insituform, undertakes trenchless (" no-dig" ) pipeline rehabilitation contracts using the unique INSITUFORMŪ Process. This is a quick, clean and cost-effective technology for the reconstruction and repair of pipes, shafts and conduits. Ipco Instituform provides complementary services such as CCTV pipe survey and inspection, pipeline cleaning using high pressure water jetters and combination units, lateral reconnection using robotic-controlled cutters, manhole rehabilitation, local spot repairs and pipeline rehabilitation consultancy.

Ipco Insituform is widely recognized as the premier one-stop professional specialist offering a comprehensive range of systems and services in the field of trenchless technology. Clients include the Mass Transit Rail Corporation of Hong Kong, (SAR) and the Ministry of Environment and the Public Utilities Board of Singapore. Ipco Insituform is registered with the Building and Construction Authority of Singapore as a Civil Engineering Contractor with a pre-qualification to bid for projects up to S$30 million.

Rationale for the Spin-Off

The Directors believe that the proposed Spin-Off of IIH would generate greater awareness of IIH's commercial activities, particularly the Ipco Insituform business unit, as well as enhance its image both locally and internationally. The Spin-Off would provide greater independent access to the capital market to fund its expansion and help unlock shareholder value. The Spin-Off via a preferential offer of shares to the current shareholders of the Company would benefit its shareholders, as they would be able directly own shares in IIH at a discounted price.

Approvals

The proposed Spin-Off, the placement and the preferential offer are subject to the approval of the shareholders of the Company at an Extraordinary General Meeting to be convened at a date to be announced. The proposed Spin-Off is also subject to approval from the Singapore Exchange Securities Trading Limited (" SGX-ST" ) to deal in, and for quotation of all issued IIH shares on the SGX-Sesdaq.

Other matters

The proposed Spin-Off exercise is at a preliminary stage, and the Company is seeking counsel from its professional advisors. An application for the proposed Spin-off will be submitted to the SGX-ST. Shareholders of the Company are advised to exercise caution when dealing in the shares of the Company. The Company will make further announcements on the details of the proposed Spin-Off when these are more formalised and as and when appropriate. Details of the Spin-Off will be set out in a circular to be despatched to the shareholders of the Company in due course.

BY ORDER OF THE BOARD

CARLSON SMTIH
Chief Financial Officer
7 August 2002

Submitted by Carlson Smith, Chief Financial Officer on 07/08/2002 to the SGX







hongyuan      ( Date: 22-Aug-2013 11:04) Posted:



financial assets gained made much more  profit, sooner will transformed to investment holding company like another Asiasons?


 

 
hongyuan
    22-Aug-2013 13:50  
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surely he got big plan for the company after accumulating some more stack. cheong high high like blumont

hmphie      ( Date: 22-Aug-2013 11:44) Posted:



IPCO tried spinning off their investment holdings company in 2002. I think Edward should be aware of this.



IPCO INTERNATIONAL LIMITED

PROPOSED LISTING OF IPCO INTERNATIONAL HOLDING PTE LTD (TOGETHER WITH ITS WHOLLY-OWNED SUBSIDIARY IPCO INSITUFORM (S.E.ASIA) PTE LTD) ON THE SGX SESDAQ

The Board of Directors (" the Directors" ) of Ipco International Limited (" the Company" ) plans to spin off its wholly-owned subsidiary, Ipco International Holding Pte Ltd (" IIH" ), by way of a separate listing (the " Spin-off" ) on the Stock Exchange of Singapore Dealing and Automated Quotation System (" SGX Sesdaq" ). In turn, IIH has a wholly-owned subsidiary, Ipco Insituform (S.E.Asia) Pte Ltd (" Ipco Insituform" ). In connection with this, the Company has appointed SBI E2-Capital Pte Ltd as the Manager to advise on the proposed listing exercise. Based on an initial review of the financial information of IIH, the Directors believe that IIH will meet the requirements for a listing on the SGX Sesdaq.

The proposed Spin-Off will be in the form of a preferential offer of shares to the current shareholders of the Company and a placement of shares to selected investors. It is proposed that the preferential offer of shares to current shareholders of the Company be made at a discounted price vis-a-vis the price to be offered to the selected investors.

Brief Information on IIH

IIH is an investment holding company.

Its wholly-owned subsidiary, Ipco Insituform, undertakes trenchless (" no-dig" ) pipeline rehabilitation contracts using the unique INSITUFORMŪ Process. This is a quick, clean and cost-effective technology for the reconstruction and repair of pipes, shafts and conduits. Ipco Instituform provides complementary services such as CCTV pipe survey and inspection, pipeline cleaning using high pressure water jetters and combination units, lateral reconnection using robotic-controlled cutters, manhole rehabilitation, local spot repairs and pipeline rehabilitation consultancy.

Ipco Insituform is widely recognized as the premier one-stop professional specialist offering a comprehensive range of systems and services in the field of trenchless technology. Clients include the Mass Transit Rail Corporation of Hong Kong, (SAR) and the Ministry of Environment and the Public Utilities Board of Singapore. Ipco Insituform is registered with the Building and Construction Authority of Singapore as a Civil Engineering Contractor with a pre-qualification to bid for projects up to S$30 million.

Rationale for the Spin-Off

The Directors believe that the proposed Spin-Off of IIH would generate greater awareness of IIH's commercial activities, particularly the Ipco Insituform business unit, as well as enhance its image both locally and internationally. The Spin-Off would provide greater independent access to the capital market to fund its expansion and help unlock shareholder value. The Spin-Off via a preferential offer of shares to the current shareholders of the Company would benefit its shareholders, as they would be able directly own shares in IIH at a discounted price.

Approvals

The proposed Spin-Off, the placement and the preferential offer are subject to the approval of the shareholders of the Company at an Extraordinary General Meeting to be convened at a date to be announced. The proposed Spin-Off is also subject to approval from the Singapore Exchange Securities Trading Limited (" SGX-ST" ) to deal in, and for quotation of all issued IIH shares on the SGX-Sesdaq.

Other matters

The proposed Spin-Off exercise is at a preliminary stage, and the Company is seeking counsel from its professional advisors. An application for the proposed Spin-off will be submitted to the SGX-ST. Shareholders of the Company are advised to exercise caution when dealing in the shares of the Company. The Company will make further announcements on the details of the proposed Spin-Off when these are more formalised and as and when appropriate. Details of the Spin-Off will be set out in a circular to be despatched to the shareholders of the Company in due course.

BY ORDER OF THE BOARD

CARLSON SMTIH
Chief Financial Officer
7 August 2002

Submitted by Carlson Smith, Chief Financial Officer on 07/08/2002 to the SGX







hongyuan      ( Date: 22-Aug-2013 11:04) Posted:



financial assets gained made much more  profit, sooner will transformed to investment holding company like another Asiasons?


 
 
Emptyhand
    22-Aug-2013 12:07  
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What made you sell ?

hongyuan      ( Date: 22-Aug-2013 12:05) Posted:

i sold my 400 lots Blomont about 1 yest ago only at 0.024(really heart pain),  i would not miss ipco this time

 
 
hongyuan
    22-Aug-2013 12:05  
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i sold my 400 lots Blomont about 1 yest ago only at 0.024(really heart pain),  i would not miss ipco this time
 
 
hmphie
    22-Aug-2013 11:44  
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IPCO tried spinning off their investment holdings company in 2002. I think Edward should be aware of this.



IPCO INTERNATIONAL LIMITED

PROPOSED LISTING OF IPCO INTERNATIONAL HOLDING PTE LTD (TOGETHER WITH ITS WHOLLY-OWNED SUBSIDIARY IPCO INSITUFORM (S.E.ASIA) PTE LTD) ON THE SGX SESDAQ

The Board of Directors (" the Directors" ) of Ipco International Limited (" the Company" ) plans to spin off its wholly-owned subsidiary, Ipco International Holding Pte Ltd (" IIH" ), by way of a separate listing (the " Spin-off" ) on the Stock Exchange of Singapore Dealing and Automated Quotation System (" SGX Sesdaq" ). In turn, IIH has a wholly-owned subsidiary, Ipco Insituform (S.E.Asia) Pte Ltd (" Ipco Insituform" ). In connection with this, the Company has appointed SBI E2-Capital Pte Ltd as the Manager to advise on the proposed listing exercise. Based on an initial review of the financial information of IIH, the Directors believe that IIH will meet the requirements for a listing on the SGX Sesdaq.

The proposed Spin-Off will be in the form of a preferential offer of shares to the current shareholders of the Company and a placement of shares to selected investors. It is proposed that the preferential offer of shares to current shareholders of the Company be made at a discounted price vis-a-vis the price to be offered to the selected investors.

Brief Information on IIH

IIH is an investment holding company.

Its wholly-owned subsidiary, Ipco Insituform, undertakes trenchless (" no-dig" ) pipeline rehabilitation contracts using the unique INSITUFORMŪ Process. This is a quick, clean and cost-effective technology for the reconstruction and repair of pipes, shafts and conduits. Ipco Instituform provides complementary services such as CCTV pipe survey and inspection, pipeline cleaning using high pressure water jetters and combination units, lateral reconnection using robotic-controlled cutters, manhole rehabilitation, local spot repairs and pipeline rehabilitation consultancy.

Ipco Insituform is widely recognized as the premier one-stop professional specialist offering a comprehensive range of systems and services in the field of trenchless technology. Clients include the Mass Transit Rail Corporation of Hong Kong, (SAR) and the Ministry of Environment and the Public Utilities Board of Singapore. Ipco Insituform is registered with the Building and Construction Authority of Singapore as a Civil Engineering Contractor with a pre-qualification to bid for projects up to S$30 million.

Rationale for the Spin-Off

The Directors believe that the proposed Spin-Off of IIH would generate greater awareness of IIH's commercial activities, particularly the Ipco Insituform business unit, as well as enhance its image both locally and internationally. The Spin-Off would provide greater independent access to the capital market to fund its expansion and help unlock shareholder value. The Spin-Off via a preferential offer of shares to the current shareholders of the Company would benefit its shareholders, as they would be able directly own shares in IIH at a discounted price.

Approvals

The proposed Spin-Off, the placement and the preferential offer are subject to the approval of the shareholders of the Company at an Extraordinary General Meeting to be convened at a date to be announced. The proposed Spin-Off is also subject to approval from the Singapore Exchange Securities Trading Limited (" SGX-ST" ) to deal in, and for quotation of all issued IIH shares on the SGX-Sesdaq.

Other matters

The proposed Spin-Off exercise is at a preliminary stage, and the Company is seeking counsel from its professional advisors. An application for the proposed Spin-off will be submitted to the SGX-ST. Shareholders of the Company are advised to exercise caution when dealing in the shares of the Company. The Company will make further announcements on the details of the proposed Spin-Off when these are more formalised and as and when appropriate. Details of the Spin-Off will be set out in a circular to be despatched to the shareholders of the Company in due course.

BY ORDER OF THE BOARD

CARLSON SMTIH
Chief Financial Officer
7 August 2002

Submitted by Carlson Smith, Chief Financial Officer on 07/08/2002 to the SGX







hongyuan      ( Date: 22-Aug-2013 11:04) Posted:



financial assets gained made much more  profit, sooner will transformed to investment holding company like another Asiasons?

 
 
Emptyhand
    22-Aug-2013 11:37  
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yeah, i hope singaporeans know the risk of buying property there.

Bigmama      ( Date: 22-Aug-2013 07:51) Posted:

Greedy ... greedy....lol. But soon iskandar story will fade...... Just like china story 5 years ago.... And now Myanmar story. Hit it while its hot.

hmphie      ( Date: 22-Aug-2013 07:42) Posted:

Going by the logic that an Iskandar deal announcment will double this stock's price, I would rather the doubling take place at a higher price point in future


 

 
Newlearner
    22-Aug-2013 11:11  
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Invisible hand at 2.9 very strong

ninjawarrior      ( Date: 22-Aug-2013 10:36) Posted:

...queuing at 0.028....waiting.

 
 
ninjawarrior
    22-Aug-2013 11:08  
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...now i'm beginning to love IPCO. :D

hongyuan      ( Date: 22-Aug-2013 11:04) Posted:



financial assets gained made much more  profit, sooner will transformed to investment holding company like another Asiasons?

 
 
hongyuan
    22-Aug-2013 11:04  
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financial assets gained made much more  profit, sooner will transformed to investment holding company like another Asiasons?
 
 
ninjawarrior
    22-Aug-2013 10:36  
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...queuing at 0.028....waiting.
 
 
srichipan
    22-Aug-2013 08:19  
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Better to buy below 0.28 though :) I think Edward not yet done accumulating
 
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