Founder Group Ltd (FGL) CEO reports Class A and B share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Founder Group Ltd director and Chief Executive Officer Lee Seng Chi filed an initial ownership report showing direct holdings in both classes of the company’s ordinary shares. He reports owning 26,080 Class A Ordinary Shares and 51,949 Class B Ordinary Shares, reflecting his status as a more than ten percent owner.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LEE SENG CHI
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 26,080 shares (Direct);
Class B Ordinary Shares — 51,949 shares (Direct)
Footnotes (1)
FAQ
What does Founder Group Ltd (FGL) Form 3 filed by Lee Seng Chi show?
The Form 3 shows Lee Seng Chi’s initial reported ownership in Founder Group Ltd. He directly holds 26,080 Class A Ordinary Shares and 51,949 Class B Ordinary Shares, establishing his position as a director, Chief Executive Officer, and more than ten percent owner.
What insider roles does Lee Seng Chi have at Founder Group Ltd (FGL)?
Lee Seng Chi is reported as a director, Chief Executive Officer, and more than ten percent owner of Founder Group Ltd. These roles, combined with his Class A and Class B shareholdings, reflect both managerial responsibility and significant equity ownership in the company.
Does the FGL Form 3 indicate recent insider buying or selling activity?
The Form 3 functions as an initial ownership statement and lists Lee Seng Chi’s holdings but does not show any classified buy or sell transactions. The entries are coded as holdings with unknown transaction codes, indicating reported positions rather than explicit trade activity.
Why is a Form 3 filing important for FGL investors?
A Form 3 provides transparency about the initial holdings of key insiders at Founder Group Ltd. Knowing that the Chief Executive Officer and director Lee Seng Chi owns specific amounts of Class A and Class B shares helps investors understand insider alignment with shareholder interests.