Minorities in the dark over Datapulse's fate

IF SANTA (bear with me; it's the Christmas season afterall) were keeping track of who has been naughty or nice on the Singapore Exchange, mainboard-listed Datapulse Technology could find itself closely watched by the red-suited rotund man.

A series of perplexing events have unfolded at the digital media storage maker over the past month that gives market observers reason to pause and go "Huh, what just happened?," especially as they involve the actions of the founder and chief executive.

Sometime mid November, in a surprise filing to the stock exchange, it was revealed that Datapulse's co-founder and majority owner who is also the chief executive and executive deputy chairman, Ng Cheow Chye, had sold his entire …