IPC Sees Fair Value Gain Lifting 2024 Profit

MT Newswires

2025/02/12

IPC Ltd. (SGX:AZA) expects to post a profit for the full year ended Dec. 31, 2024, driven by a significant increase in the fair value of its preference shares investment in Nest Hotel Japan, according to a Tuesday filing on the Singapore Exchange.

The company said a fair value gain adjustment is required based on a preliminary assessment of an independent valuation report of Nest Hotel Japan.

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(SGX:AZA) expects to post a profit for the full year ended Dec. 31, 2024, driven by a significant increase in the fair value of its preference shares investment in Nest Hotel Japan, according to a Tuesday filing on the Singapore Exchange.</p><p>The company said a fair value gain adjustment is required based on a preliminary assessment of an independent valuation report of Nest Hotel Japan.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AZA.SI","symbol_name":"IPC企业","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2510791369","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510791369","pubTimestamp":1739315802,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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