The SG Banks sell off (5% approx) l believe is BB institutional investors taking profit and fund rotation after the Citibank call to Sell. The local Banks price to book is already expensive, and risk reward ratio is not attractive. Seems like a coordinated movement with the smaller lots announcement few days later to allow retailer investors to buy in with smaller capital. The small lots seems like a good policy, but not sure, will wait & watch for now for the boat to stabilize.