FBGL (FBGL) prepares to sell 4.67M ordinary shares from restructuring swap

Rhea-AI Filing Summary

FBGL has filed a notice for the potential sale of up to 4,669,360 ordinary shares through broker WallachBeth Capital, LLC. The shares have an indicated aggregate market value of $2,511,649.00, with 13,500,000 shares stated as outstanding. The anticipated start of sales is August 6, 2026 on Nasdaq.

The securities relate to a restructuring share swap dated August 2, 2022, involving the issuer and restructuring shares from Success Elite Developments Limited. The filing is a notice of proposed resale of restricted or control ordinary shares.

Key Figures

Shares proposed for sale: 4,669,360 shares Aggregate market value: $2,511,649.00 Shares outstanding: 13,500,000 shares +2 more

5 metrics

Shares proposed for sale 4,669,360 shares Ordinary shares covered by the notice for potential sale

Aggregate market value $2,511,649.00 Indicated value of the 4,669,360 ordinary shares

Shares outstanding 13,500,000 shares Total shares outstanding referenced alongside the proposed sale

Approximate sale start date 08/06/2026 Anticipated date sales of the ordinary shares may begin on Nasdaq

Restructuring share swap date 08/02/2022 Date of restructuring share swap tied to the proposed shares

Key Terms

Form 144, ordinary shares, aggregate market value, restructuring share swap

4 terms

Form 144 regulatory

"144: Securities Information Ordinary Shares"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

ordinary shares financial

"144: Securities Information Ordinary Shares | WallachBeth Capital"

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.

aggregate market value financial

"4669360 | 2511649.00 | 13500000"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

restructuring share swap financial

"Ordinary Shares | 08/02/2022 | Restructuring share swap | Issuer"

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

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Available on EDGAR 07/23/2026 - 06:06 AM Accepted by SEC EDGAR 07/23/2026 - 06:06 AM Learn about SEC filing dates

FAQ

What volume of shares does FBGL plan to sell under this notice?

FBGL plans a potential sale of up to 4,669,360 ordinary shares. These shares are proposed to be sold through WallachBeth Capital, LLC and are associated with a prior restructuring share swap.

What is the indicated market value of FBGL shares covered in this Form 144?

The ordinary shares covered have an indicated aggregate market value of $2,511,649.00. This figure reflects the estimated value of the 4,669,360 shares proposed for sale.

When could the FBGL share sale begin according to this filing?

The anticipated start date for sales of the FBGL ordinary shares is August 6, 2026. The shares are expected to be sold on Nasdaq, subject to applicable conditions and rules.

How many FBGL shares are reported outstanding in connection with this sale?

The filing reports 13,500,000 shares outstanding. This number provides context for the potential sale of 4,669,360 ordinary shares under the notice, which represents a portion of total outstanding shares.

What is the origin of the FBGL shares proposed for sale?

The ordinary shares proposed for sale arise from a restructuring share swap dated August 2, 2022. They are described as restructuring shares from Success Elite Developments Limited involving the issuer.

Which broker is handling the proposed FBGL share sale?

The proposed sale of FBGL ordinary shares will be handled by WallachBeth Capital, LLC. The broker is listed with its Jersey City, New Jersey address and will execute sales on Nasdaq.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Ordinary Shares	WallachBeth Capital, LLC Harborside Financial Center Plaza 5, 185 Hudson Street, Suite 1410, Jersey City NJ 07311	4669360	2511649.00	13500000	08/06/2026	Nasdaq

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: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Ordinary Shares	08/02/2022	Restructuring share swap	Issuer			4669360	08/02/2022	Restructuring shares from Success Elite Developments Limited

* 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: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)