IPC Corporation Ltd Announces Retirement of Li Ling Xiu as Non-Executive Director and Member of the Nominating Committee

IPC Corporation Ltd is a Singapore-based company that is engaged in investment holding, property investment and property development. The Company’s segments include Properties, Hotel management, Investment and Others. Its business segments operate in three geographical areas: Singapore, China and Japan. The Singapore operations are involved in investments in Singapore. The China operations are principally property investment, property development and hotel management. The Japan operation is engaged in the investment of convertible preference shares in Nest HOTEL Japan Corporation (NHJC). The Company has a portfolio of over 17 hotels in Japan under its management under the nest, Bespoke and Tissage brands. The principal activities of its subsidiaries are investment holding, property investment and property development, investing and reselling properties, property consulting, hospitality services and operating fast food outlets, and manufacturing food products.