IPS Securex’s former CEO pares stake to 9.39%

Felicia Tan

01-06

Shares in IPS Securex closed 0.1 cents lower or 7.69% down at 1.2 cents on Jan 6.

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%.

Lim’s direct interest includes 130,000 ordinary shares that are held under UOB Kay Hian Nominees Pte. Ltd.

IPS Securex announced Lim’s resignation from his roles as executive director and CEO on May 8, 2024. According to the filing, Lim was leaving to pursue his personal interests and spend more time with his family. Lim then served a notice period till Nov 3, 2024.

Lim was the company’s executive director and CEO from Oct 10, 2013.

IPS Securex appointed Boey Teik Heng as its acting CEO in September 2024.

Shares in IPS Securex closed 0.1 cents lower or 7.69% down at 1.2 cents on Jan 6.

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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%.</p>\n<p>Lim’s direct interest includes 130,000 ordinary shares that are held under UOB Kay Hian Nominees Pte. Ltd.</p>\n<p>IPS Securex announced Lim’s resignation from his roles as executive director and CEO on May 8, 2024. According to the filing, Lim was leaving to pursue his personal interests and spend more time with his family. Lim then served a notice period till Nov 3, 2024.</p>\n<p>Lim was the company’s executive director and CEO from Oct 10, 2013.</p>\n<p>IPS Securex appointed Boey Teik Heng as its acting CEO in September 2024.</p>\n<p>Shares in IPS Securex closed 0.1 cents lower or 7.69% down at 1.2 cents on Jan 6.</p>\n</body></html>","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IPS Securex’s former CEO pares stake to 9.39%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIPS Securex’s former CEO pares stake to 9.39%\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Felicia Tan</strong><span class=\"h-time small\">2025-01-06 12:17</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><p><img src=\"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/IPS+Securex_3_0_0.jpg\"/> Shares in IPS Securex closed 0.1 cents lower or 7.69% down at 1.2 cents on Jan 6.</p><p>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%.</p>\n<p>Lim sold his shares via the market on two occasions.</p>\n<p>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%.</p>\n<p>Lim’s direct interest includes 130,000 ordinary shares that are held under UOB Kay Hian Nominees Pte. Ltd.</p>\n<p>IPS Securex announced Lim’s resignation from his roles as executive director and CEO on May 8, 2024. According to the filing, Lim was leaving to pursue his personal interests and spend more time with his family. Lim then served a notice period till Nov 3, 2024.</p>\n<p>Lim was the company’s executive director and CEO from Oct 10, 2013.</p>\n<p>IPS Securex appointed Boey Teik Heng as its acting CEO in September 2024.</p>\n<p>Shares in IPS Securex closed 0.1 cents lower or 7.69% down at 1.2 cents on Jan 6.</p>\n</body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.theedgesingapore.com/capital/insider-moves/ips-securexs-former-ceo-pares-stake-939?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Felicia Tan</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"42N.SI","symbol_name":"IPS SECUREX控股","start_time":0,"source_url":"https://www.theedgesingapore.com/capital/insider-moves/ips-securexs-former-ceo-pares-stake-939?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2501978112","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501978112","pubTimestamp":1736137033,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Shares in IPS Securex closed 0.1 cents lower or 7.69% down at 1.2 cents on Jan 6.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"42N.SI":"IPS SECUREX控股"},"translate_title":"IPS Securex前首席执行官将股份削减至9.39%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"42N.SI":1.1},"content_text":"Shares in IPS Securex closed 0.1 cents lower or 7.69% down at 1.2 cents on Jan 6.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%.\nLim sold his shares via the market on two occasions.\nOn 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%.\nLim’s direct interest includes 130,000 ordinary shares that are held under UOB Kay Hian Nominees Pte. Ltd.\nIPS Securex announced Lim’s resignation from his roles as executive director and CEO on May 8, 2024. According to the filing, Lim was leaving to pursue his personal interests and spend more time with his family. Lim then served a notice period till Nov 3, 2024.\nLim was the company’s executive director and CEO from Oct 10, 2013.\nIPS Securex appointed Boey Teik Heng as its acting CEO in September 2024.\nShares in IPS Securex closed 0.1 cents lower or 7.69% down at 1.2 cents on Jan 6.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}