BUUU Group (BUUU) CEO and Chair report control of 6,040,000 shares
Filing Impact
Filing Sentiment
Form Type
3
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
1 transaction reported
Mixed
1 txn
Insider
Poon Wai Kwong
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 6,040,000 shares (Indirect, See footnote)
Footnotes (1)
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FAQ
What does BUUU Group (BUUU) CEO Poon Wai Kwong report on this Form 3?
Poon Wai Kwong reports indirect beneficial ownership of 6,040,000 Class A Ordinary Shares. The shares are held through BUBI Services Limited, an entity jointly controlled by him and Chair Nana Chan, indicating substantial insider ownership but no new transaction activity.
Is BUUU Group (BUUU) CEO’s Form 3 a buy or sell transaction?
This Form 3 does not report a buy or sell; it reports existing holdings. It is an initial statement of beneficial ownership showing indirect control over 6,040,000 Class A Ordinary Shares via BUBI Services Limited, rather than a new market trade.