It is KWAP disposed not KWSP.

KWAP is pension fund for Government Servant, while KWSP is for Private Employees.

Anyway, KC Chiok is right, institution investors like KWAP has different agenda. Perhaps they wanted to raise some cash liquidity on their portfolio to payout something. The disposal by KWAP is not much of concern, as they still hold a significant amount of shares both directly & indirectly in LBS.

As of date, KWAP still has about 175 million units of shares in LBS. So no worries.

Best advice, don't think so much & close KLSE Screener until next week, when market correction sets in.

Right now most counter shares are being dumped. This is the whole market issue not LBS issue.

Don't stress so much. LBS will rebound next week as we get closer to Dividend Ex-Date. This is a sure thing.