Kingsmen Creatives

[dydx]

I really don't think the seller is Ben Soh or Simon Ong, and I will be very surprised if either one of them sold Kingsmen shares at the current price level just to raise the $5.0m for himself.

Just for the sake of discussion, when a large shareholder of Keppel Corp - it could be a local or foreign fund, or a rich man or family, or even Temasek! - sells a 3% stake in the company to another buyer at a high price in one single transaction which is done or crossed off-market, do most other shareholders start wondering in their minds for the worst of Keppel? Probably not, as it is fair to say that different people/investors buy and sell shares for different reasons, including for most sellers the motivation to take profit on a stock which the gain has met their expectations, or when they are in need of money.

I guess there is nothing wrong for investors to have a sceptical mind, but I think the main focus should be on developing a good understanding of the quality aspects and the potential of the underlying business, as well as having assessed the qualities and character of the people running the business.