This is a conversion of 728,334 VCR shares to Ordinary shares -...

This is a conversion of 728,334 VCR shares to Ordinary shares - there are now an additional 728,334 shares that can be sold on market.

These vested shares form part of each employee's total remuneration & as such one would expect a percentage of these shares (even under normal circumstances) to be sold to cover personal commitments. Alas much like many fellow shareholders these employees have watched their shares devalue to a fraction of their previous value. This is a severe pay cut. Whether these 'insiders' decide to sell or hold probably reflects the liquidity needs of each employee as much as their view of SGH.

Either way, it does have the potential to either move the share price or provide shorters with an opportunity to short cover at a good price. Happily, I believe this is a different scenario to share price pressure caused by shorters increasing their position.

DYOR, good luck to all.