IPC CORPORATION LTD (Registration No. 198501057M)
The Board (the "Board") of Directors (the "Directors") of IPC Corporation Ltd (the "Company") refers to the announcement made by the Company on 17 December 2015 (the "Announcement") in relation to the proposed capital reduction exercise involving a cash distribution to shareholders of the Company (the "Shareholders") of approximately S$1.60 in cash for each ordinary share in the capital of the Company held by a Shareholder as at a books closure date to be determined by the Directors, amounting to an aggregate distribution of approximately S$136.467 million (the "Proposed Capital Reduction").
Unless otherwise defined herein, all capitalised terms and references used in this announcement shall have the same meanings as ascribed to them in the Announcement.
The Board wishes to announce that the Company has today despatched a circular dated 26 January 2016 (the "Circular") containing information on, inter alia, the Proposed Capital Reduction and enclosing the notice of extraordinary general meeting ("EGM") to Shareholders.
Shareholders who have not received the Circular within a week from the date of this announcement should contact the Share Registrar of the Company at the following address:
50 Raffles Place
#32-01 Singapore Land Tower Singapore 048623
An electronic copy of the Circular will be made available at the website of the SGX-ST at www.sgx.com.
Shareholders are requested to note the following important dates and times in respect of the EGM:
Last date and time for lodgement of Proxy Form : 16 February 2016 at 2.30 p.m. Date and time of EGM : 18 February 2016 at 2.30 p.m.
Place of EGM : 23 Tai Seng Drive, #06-00, Deutsche
Telekom Centre, Singapore 535224
By Order of the Board IPC Corporation Ltd
Ngiam Mia Hai Bernard Executive Director
26 January 2016
IPC Corporation Limited issued this content on 26 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 January 2016 11:19:13 UTC
Original Document: http://www.ipc.com.sg/pdf/IPC_PR_26Jan16_3.pdf
