LCD's founders have been bought out by a Japanese company, J-Trust Asia Pte Ltd. It's parent is J-Trust Co, a listed company of about S$1.4B mkt cap involved in retail finance (much like Hong Leong Finance). As stated by J-Trust Asia, they intend to expand into SE Asia, primarily doing investment and retail finance. They've bought into an Indon retail bank last year. This is interesting as LCD is a property company. This might lead to asset sales as the company looks to transform. Today, lot of married trades were done at 29cents and 29.5cents. From the size of the married trade and according to bloomberg, only KohWeeSeng from aspial has that much of shares.(BM could be wrong sometimes) If he is indeed the one selling, than the battle could be half won from by the Japanese company. With directors in the company now, they could look to push through divestment of their own non core assets easier. Watching its development.