STOCK TITAN

Tay Chee Yang discloses 5.8% stake in Enigmatig (EGG)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Schedule 13G disclosure by Tay Chee Yang reports beneficial ownership of 1,625,000 Class A ordinary shares of Enigmatig Limited, representing 5.8% of the company on an as-converted basis. The holder reports sole voting and sole dispositive power over these shares, meaning they alone can vote and dispose of the reported Class A shares.

The percentage is calculated using a denominator of 28,005,200 shares on an as-converted basis, composed of 12,255,200 Class A and 15,750,000 Class B ordinary shares. The filing restates the company’s share class structure: Class A carries one vote per share, Class B carries ten votes and is convertible into Class A at the holder’s option.

Positive

  • Disclosed material stake: Reporting person holds 1,625,000 Class A shares, representing 5.8% on an as-converted basis, meeting SEC transparency expectations
  • Sole voting and dispositive power: The reporting person reports exclusive control over voting and disposition of the reported Class A shares

Negative

  • None.

Insights

TL;DR: Disclosure shows a meaningful minority stake with sole control over voting and disposition of 1.625M Class A shares.

The filing documents a 1,625,000-share position, equal to 5.8% on an as-converted basis, and confirms sole voting and dispositive power. For investors, a >5% holding requires transparency and may signal concentrated ownership but does not by itself indicate change in control due to dual-class voting. The report also clarifies the capital structure: Class B shares carry 10 votes each and are convertible into Class A, which affects control metrics if conversions occur.

TL;DR: Ownership disclosure is material for governance analysis but shows no shared control or group affiliation.

The filer asserts sole authority over both voting and disposition for the 1,625,000 Class A shares and checks no group affiliation, indicating individual ownership rather than coordinated action. The dual-class structure described—Class A one vote, Class B ten votes, and Class B convertible into Class A—matters for assessing voting power versus economic ownership; however, the filing provides no indication of intent to seek board representation or other governance changes.






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




Comment for Type of Reporting Person: Note to Rows (11): The calculation of 5.8% (on an as-converted basis) is based on (i) the numerator of 1,625,000, being the number of the Class A ordinary shares held by Tay Chee Yang 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



Tay Chee Yang
Signature:/s/ Tay Chee Yang
Name/Title:Tay Chee Yang
Date:08/14/2025

FAQ

What stake does Tay Chee Yang report in Enigmatig Limited (EGG)?

Tay Chee Yang reports beneficial ownership of 1,625,000 Class A ordinary shares, equal to 5.8% on an as-converted basis.

Does the reporting person have voting control over the shares?

Yes. The filing states sole voting power and sole dispositive power over the 1,625,000 Class A shares.

How is the 5.8% ownership percentage calculated?

The percentage uses a denominator of 28,005,200 shares on an as-converted basis: 12,255,200 Class A plus 15,750,000 Class B shares.

What are the voting and conversion features of Enigmatig’s share classes?

Class A shares carry one vote each. Class B shares carry ten votes each and are convertible into Class A shares at the holder’s option.

Is the reporting person part of a group or filing on behalf of another person?

No. The filing indicates not applicable for group filings and does not report ownership on behalf of another person.
Enigmatig Limited

NYSE:EGG

EGG Rankings

EGG Latest News

EGG Latest SEC Filings

EGG Stock Data

166.63M
24.01M
31.94%
0.12%
0.05%
Consulting Services
Industrials
Link
Singapore
Singapore