Kelvin Lim Ching Song, executive director and group CEO of security solutions firm IPS Securex Holdings, sold about 2.07 million shares for about $251,365, or 12.171 cents each, on Aug 27. With the sale, Lim is left with around 58 million shares, equivalent to a stake of 11.97%, down from 12.39% before the sale.

Shares of IPS Securex have gained steadily in recent months. Year to date, they are up around 150%. Just a day before Lim sold his shares, the company announced earnings of $2 million for the full-year ended June 30, reversing from losses of $1.2 million in the preceding year. Revenue in the same period more than doubled to $19.3 million.

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