STOCK TITAN

FBGL (FBGL) plans 4.67M-share restructuring-related stock sale notice

(Neutral)
(Neutral)
Form Type
144/A

Rhea-AI Filing Summary

FBGL reports a planned sale of its Ordinary Shares under a restructuring transaction. The notice lists 4,669,360 ordinary shares to be sold, dated August 2, 2022, described as a “Restructuring share swap” with the issuer involving shares from Success Elite Developments Limited.

Positive

  • None.

Negative

  • None.
Shares to be sold 4,669,360 shares Ordinary Shares in restructuring share swap dated August 2, 2022
Listed exchange Nasdaq Exchange associated with Ordinary Shares in securities information
Securities information amount 13,500,000 Amount shown in Securities Information section for Ordinary Shares
Future date reference 08/06/2026 Date shown in Securities Information line for Ordinary Shares
Restructuring share swap financial
"Ordinary Shares | 08/02/2022 | Restructuring share swap | Issuer"
Ordinary Shares financial
"Ordinary Shares | 08/02/2022 | Restructuring share swap | Issuer"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
Success Elite Developments Limited financial
"Restructuring shares from Success Elite Developments Limited"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does FBGL's latest Form 144/A filing disclose?

The filing discloses a planned sale of 4,669,360 ordinary shares of FBGL, tied to a “Restructuring share swap” dated August 2, 2022, involving shares from Success Elite Developments Limited.

How many FBGL (FBGL) shares are planned to be sold in this notice?

The notice lists a planned sale of 4,669,360 ordinary shares of FBGL. These are associated with a restructuring share swap transaction dated August 2, 2022 with the issuer.

What is the nature of the FBGL (FBGL) transaction in the Form 144/A?

The transaction is described as a “Restructuring share swap” with the issuer. It covers 4,669,360 ordinary shares and references restructuring shares from Success Elite Developments Limited as of August 2, 2022.

Which security class is involved in FBGL's Form 144/A filing?

The filing involves FBGL Ordinary Shares. Within the securities-to-be-sold section, 4,669,360 ordinary shares are identified as part of a restructuring share swap transaction with the issuer.

Does the FBGL (FBGL) Form 144/A mention an exchange listing?

Yes. Under the securities information section, the Ordinary Shares are associated with Nasdaq. The table also shows an amount of 13,500,000 in that section, though its specific label is not described in detail.

144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

144/A: Remarks and Signature