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IPS Securex’s former CEO pares stake to 9.39% (update)

Felicia Tan
Felicia Tan • 1 min read
IPS Securex’s former CEO pares stake to 9.39% (update)
IPS Securex announced Lim’s resignation from his roles as executive director and CEO on May 8, 2024. Photo: Albert Chua/The Edge Singapore
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Kelvin Lim Ching Song, the former executive director and CEO of IPS Securex, has pared his stake in the company to 9.39% from 10.29%.

Lim sold his shares via the market on two occasions.

On Jan 2, Lim sold 3.27 million shares for $45,971.98 or 1.41 cents apiece. The move reduced his stake to 9.62% from 10.29% before. On Jan 3, Lim sold another 1.1 million shares for $14,300 or 1.3 cents per share, paring his stake to 9.39%.

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