If there is no public announcement of KWAP disposing, then it is not them that is selling. KWAP is a major shareholder. They can't buy or sell a single share without publicly announcing it. So, if there is no public announcement, that means it is someone else.

Becareful with NCT. It might look attractive that the price went up by a lot, but if we look closely, this Company has a very small portfolio of projects despite so many years of operation, which shows slow growth. Looking at their annual P&L and Balance Sheet, they are actually a very small Property Developer, so it make no sense that their share can be valued at RM 0.65. Current price of 0.65 is considered overvalued in comparison to other peers in the Property Development Industry. Company like Avaland is smaller than LBS, but bigger than NCT and on top of that Avaland has better project portfolio & earnings, but share price is only at 0.245. So it is impossible 0.65 is the fair value for NCT. I strongly believe NCT is overvalued.

NCT is operated by the Yap family and the Directors are mostly family members. If we look at the Shareholding Changes, we can clearly see a lot of buy & sell activity among Directors & their own investment holding company (YBG YAP CONSOLIDATED SDN. BHD). This is clearly a pump & dump Company.