1. Prof Yip has raised his stake above 6% with yesterday's purchase of 447,000 shares.
2. KSH has commenced share buyback with purchases today of 460,000 shares are 52ct.
The 2 purchases are positive in that it shows a major "minority" shareholder as well as the company itself see value in the stock even at current levels, in spite of the market rout and pessimism about the physical property market.
I also like the fact that the share buyback has commenced. I cannot recall if KSH has ever done one.