SINGAPORE (Mar 18): IPCO International is asking the Singapore Exchange for an extension to report its financial results for the 3Q ended Jan after its newly-appointed directors cast doubts over the validity of certain transactions.

"The new directors are in close discussions with the newly appointed auditors of the company, Messrs Baker Tilly regarding the past treatment and classification of these transactions,” says IPCO in a filing to the SGX on Saturday which was its 3Q filing deadline.

IPCO is asking for the deadline to be extended to April 14.

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