Concord Medical CEO reports major indirect holdings
Concord Medical Services Holdings Ltd director and chief executive officer Yang Jianyu reported his initial ownership in a Form 3.
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Rhea-AI Filing Summary
Concord Medical Services Holdings Ltd director and chief executive officer Yang Jianyu reported his initial ownership in a Form 3. He may be deemed the beneficial owner of 38,287,948 Class B ordinary shares held by Morgancreek Investment Holding Limited, all convertible into an equal number of Class A ordinary shares at no cost. He is also attributed 466,097 American depositary shares, each representing 30 Class A ordinary shares, indirectly held by Morgancreek.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Class B ordinary shares, par value US$0.0001 per share | -- | -- | -- |
| Holding | American depositary shares | -- | -- | -- |
Footnotes (4)
- F1. Represented 466,097 American depositary shares ("ADSs"), each representing 30 Class A ordinary shares, par value US$0.0001 per share, of the Issuer (the "Class A Ordinary Shares") held by Morgancreek Investment Holding Limited ("Morgancreek"), a limited liability company organized under the laws of the British Virgin Islands.
- F2. Represented 38,287,948 Class B ordinary shares, par value US$0.0001 per share, of the Issuer ("Class B Ordinary Shares), held by Morgancreek.
- F3. The Class B Ordinary Shares are convertible at any time at the option of the holder into an equal number of Class A Ordinary Shares at no cost.
- F4. The Reporting Person is the sole director of Morgancreek and the Reporting Person's spouse indirectly holds 70% of the equity interests in Morgancreek. As such the Reporting Person has the power to direct Morgancreek as to the voting and disposition of the Class B Ordinary Shares and the ADSs held by Morgancreek. The Reporting Person may be deemed the beneficial owner of all the Class B Ordinary Shares and ADSs representing Class A Ordinary Shares held by Morgancreek.
FAQ
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What insider holdings did Yang Jianyu report in Concord Medical (CCM) Form 3?
How does Morgancreek Investment Holding Limited factor into the CCM Form 3 disclosure?
Did the CCM Form 3 report any insider buying or selling activity?
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