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Secura Group says KIP Industrial ceases to be substantial shareholder
SECURITY firm Secura Group on Monday said KIP Industrial Holdings is no longer a substantial shareholder, after it sold one million shares at S$0.17093 apiece, or S$170,930 in total.
The sale brings KIP's holdings to under 5 per cent.
Wee Ee Chao, who is the managing director of UOB-Kay Hian, has an indirect interest in the issued share capital of KIP Industrial Holdings Ltd.