Link: https://links.sgx.com/1.0.0/corporate-announcements/JBCO87B2Z632YTIE/fd88d726e0ba33332a2d50fd51631b82d076d1d4c2f30bd6993fb074ec5f59b2

Summary:

• Singapore-listed IPC Corporation Limited has successfully completed the disposal of 800 preferred shares in Nest Hotel Japan Corporation on December 5, 2025

• All conditions precedent outlined in the November 13 shareholder circular have been fulfilled and full consideration has been received from the purchaser

• The transaction, first announced in September 2025, marks IPC's exit from its investment position in the Japanese hotel operator

• The company has advised shareholders to exercise caution when dealing in its securities and consult professional advisers if needed regarding the implications of this divestment