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I don't really know the purpose, he can do whatever he wants since it's his share. But, the main focus here is that he only owns a small number of shares, the biggest shareholder is Temasek afterall.
Yea, that's why. Temasek have 72% in hand, so we can say that outstanding share in float only hav around 37mil. It's pretty easy for banker to push up the share price. Also noted that if Temasek were to increase their shareholding, they will have to declare it.