what a mess, page-13

This paragraph is from the "Background Information Relating to Campaign Against Intrepid" article. Very interesting


Unusual share trading activity
The Company regularly interrogates shareholder movements and is aware that there has been a noticeable and unusual
shareholding build-up by two brokers in Singapore, both of whom cite local privacy laws as a reason for declining to cooperate
with section 672 notices requiring disclosure of beneficial holders. A fund from Singapore, Quantum Pacific Capital, has also
been very actively lobbying the Company’s major shareholders to sell significant stakes to Quantum at discounted prices and
have nominated potential new directors and management for the Company.