BUUU CEO reports 6,040,000 indirect shares on Form 3
BUUU Group Ltd director and Chief Executive Officer Poon Wai Kwong filed an initial ownership report showing an indirect stake in 6,040,000 Class A Ordinary Shares.
Rhea-AI Filing Summary
BUUU Group Ltd director and Chief Executive Officer Poon Wai Kwong filed an initial ownership report showing an indirect stake in 6,040,000 Class A Ordinary Shares. These shares are held by BUBI Services Limited, which is owned 40% by Ms. Nana Chan, 40% by Mr. Poon, and 20% by Perfect Wood Limited.
Mr. Poon and Ms. Chan are the sole directors of BUBI Services Limited and together hold voting and dispositive power over the shares it holds. As a group, they may be deemed the beneficial owners of these shares, reflecting significant insider ownership but no new share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
Footnotes (1)
- F1. BUBI Services Limited owns 6,040,000 Class A Ordinary Shares of the Company. BUBI Service Limited is owned as to 40% by Ms. Nana CHAN, our Chair of the Board, and 40% by Mr. Wai Kwong POON, our Chief Executive Officer and Director and 20% by Perfect Wood Limited. The members of the board of directors of BUBI Services Limited constituted only by Mr. Wai Kwong POON and Ms. Nana CHAN who have voting and dispositive power over the Class A and Class B Ordinary Shares held by BUBI Services Limited and approval of a majority of directors, i.e. jointly by Ms. Chan and Mr. Poon, is required to approve an action. Ms. Chan and Mr. Poon, as a group, may be deemed the beneficial owners of the shares held by BUBI Services Limited.
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