Foo Chee Weng Desmond Discloses 15.75M Class B Shares in Enigmatig (EGG)

Rhea-AI Filing Summary

Enigmatig Limited reports that Foo Chee Weng Desmond beneficially owns 15,750,000 Class B ordinary shares, with sole voting and sole dispositive power over those shares. On an as-converted basis—treating Class B shares as convertible into Class A for percentage calculations—this holding represents 56.2% of the outstanding Class A-equivalent shares, based on the issuer's reported share counts. Each Class B ordinary share carries 10 votes and is convertible into one Class A ordinary share at the holder's option, while Class A shares carry one vote each.

The filing discloses that the reporting person has no shared voting or dispositive power and holds full control of the reported stake. The statement is a factual ownership disclosure and does not include any other transactions, arrangements, or third-party holdings.

Insights

Securities Analyst

TL;DR: The filing shows a single holder with a majority as-converted stake and full sole voting control of the issuer.

The disclosure that Foo Chee Weng Desmond holds 15,750,000 Class B shares and sole voting/dispositive power is materially significant because it yields a >50% ownership on an as-converted basis. For securities analysts this clarifies the ownership structure and voting dynamics: Class B shares provide amplified voting influence (10 votes each) and are convertible into Class A shares at the holder's option, concentrating decision-making power. The filing contains no other indicative transactions or agreements that would change the capital structure.

Corporate Governance Expert

TL;DR: Concentrated Class B ownership produces decisive voting control, raising governance implications for minority holders.

The reporting shows complete sole voting authority over 15,750,000 Class B shares and a computed 56.2% as-converted stake, demonstrating a dominant governance position. From a governance perspective, the combination of enhanced voting rights (10 votes per Class B share) and sole dispositive power means the reporting person can unilaterally influence corporate decisions that require shareholder approval. The filing does not disclose any shareholder agreements or power-sharing arrangements that might mitigate concentration.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

ENIGMATIG LIMITED

(Name of Issuer)

Class A ordinary shares, par value US$ 0.000002 per share

(Title of Class of Securities)

G3066T104

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G3066T104

1

Names of Reporting Persons

Foo Chee Weng Desmond

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

SINGAPORE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 15,750,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 15,750,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

15,750,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

56.2 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Note to Row (11): The calculation of 56.2% (on an as-converted basis) is based on (i) the numerator of 15,750,000, being the number of the Class B ordinary shares held by Foo Chee Weng Desmond and (ii) the denominator of 28,005,200, being the sum of (x) 12,255,200, being the number of the Issuer's Class A ordinary shares issued and outstanding as of June 30, 2025 as provided by the Issuer, and (y) 15,750,000, being the number of the Issuer's total Class B ordinary shares issued and outstanding as of June 30, 2025 as provided by the Issuer. Holders of Class A ordinary shares and Class B ordinary shares have the same rights except for voting and conversion rights. Each Class A ordinary share is entitled to one vote. Each Class B ordinary share is entitled to 10 votes. Each Class B ordinary share is convertible into a Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ENIGMATIG LIMITED
(b)	Address of issuer's principal executive offices: c/o 16 Raffles Quay, #30-01, Hong Leong Building, Singapore 048581
Item 2.
(a)	Name of person filing: Foo Chee Weng Desmond
(b)	Address or principal business office or, if none, residence: The address of Foo Chee Weng Desmond is c/o 16 Raffles Quay, #30-01, Hong Leong Building, Singapore 048581
(c)	Citizenship: Foo Chee Weng Desmond is a citizen of the Republic of Singapore.
(d)	Title of class of securities: Class A ordinary shares, par value US$ 0.000002 per share
(e)	CUSIP No.: G3066T104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information required by Item 4(a) is set forth in Row 9 of the cover page for the Reporting Person and is incorporated herein by reference. Foo Chee Weng Desmond owned 15,750,000 Class B ordinary shares as of June 30, 2025.
(b)	Percent of class: The information required by Item 4(b) is set forth in Rows 11 of the cover page for the Reporting Person and is incorporated herein by reference. The calculation of 56.2% (on an as-converted basis) is based on (i) the numerator of 15,750,000, being the 15,750,000 Class B ordinary shares held by Foo Chee Weng Desmond , and (ii) the denominator of 28,005,200, being the sum of 12,255,200, being the number of the Issuer's Class A ordinary shares issued and outstanding as of June 30, 2025 and 15,750,000, being the number of the Issuer's total Class B ordinary shares issued and outstanding as of June 30, 2025. The Class B ordinary shares are treated as converted into Class A ordinary shares only for the purpose of calculating the percentage ownership. Holders of Class A ordinary shares and Class B ordinary shares have the same rights except for voting and conversion rights. Each Class A ordinary share is entitled to one vote. Each Class B ordinary share is entitled to ten votes, and is convertible into one Class A ordinary share at any time at the option of the holder thereof.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 15,750,000.00
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 15,750,000.00
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Foo Chee Weng Desmond

Signature:	/s/ Foo Chee Weng Desmond
Name/Title:	Foo Chee Weng Desmond
Date:	08/14/2025

FAQ

How many shares of Enigmatig (EGG) does Foo Chee Weng Desmond own?

The filing states 15,750,000 Class B ordinary shares beneficially owned by Foo Chee Weng Desmond.

What percentage of Enigmatig (EGG) does this ownership represent?

On an as-converted basis the holding represents 56.2% of the outstanding Class A-equivalent shares as reported in the filing.

What voting power do Class B shares carry in Enigmatig (EGG)?

Each Class B ordinary share is entitled to 10 votes; each Class A ordinary share is entitled to one vote.

Does the reporting person share voting or dispositive power with others?

No. The filing discloses sole voting power and sole dispositive power over the 15,750,000 Class B shares and 0 shared voting or dispositive power.

Are Class B shares convertible into Class A shares?

Yes. The filing states Class B ordinary shares are convertible into Class A ordinary shares at the holder's option.