Monday, December 16, 2013

Ipco Int’l

Ipco Int’l: Reported 2QFY14 loss of $114.7m on operating revenue of $8m, arising from fair value loss of $83.7m and disposal loss of $29.5m pertaining to its trading exposure to Blumont (9.7%) and Innopac (7.9%). Consequently, NAV plunged to 2.5¢ from 8.5¢ a year ago.

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