Green Circle Decarbonize (GCDT) CEO details large indirect share stakes

Rhea-AI Filing Summary

Green Circle Decarbonize Technology Ltd director and Chief Executive Officer Chan Kam Biu Richard filed an initial Form 3 reporting his indirect holdings of ordinary shares. The filing shows 1,080,000 ordinary shares held through Green Circle Limited and 5,280,000 ordinary shares held through Joyful Star Limited, both British Virgin Islands companies that are 100% owned by him.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Chan Kam Biu Richard

Role Chief Executive Officer

Type	Security	Shares	Price	Value
holding	Ordinary Shares	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 1,080,000 shares (Indirect, By Green Circle Limited)

Footnotes (1)

1. The reported securities are held directly by Green Circle Limited, a British Virgin Islands company, which is 100% owned by the Reporting Person. The reported securities are held directly by Joyful Star Limited, a British Virgin Islands company, which is 100% owned by the Reporting Person.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Chan Kam Biu Richard

(Last) (First) (Middle)

UNIT 1809, PROSPERITY PLACE

6 SHING YIP ST

(Street)

KWUN TONG KOWLOON 00000

(City) (State) (Zip)

HONG KONG

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Green Circle Decarbonize Technology Ltd [ GCDT ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	1,080,000	I	By Green Circle Limited(1)
Ordinary Shares	5,280,000	I	By Joyful Star Limited(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported securities are held directly by Green Circle Limited, a British Virgin Islands company, which is 100% owned by the Reporting Person.

2. The reported securities are held directly by Joyful Star Limited, a British Virgin Islands company, which is 100% owned by the Reporting Person.

	Chan Kam Biu Richard	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Form 3 filing by GCDT’s CEO report?

The Form 3 reports Green Circle Decarbonize Technology Ltd (GCDT) CEO Chan Kam Biu Richard’s initial indirect ownership of ordinary shares. It discloses share positions held via two wholly owned British Virgin Islands entities rather than open-market buying or selling activity.

How many Green Circle Decarbonize (GCDT) shares are held via Green Circle Limited?

Green Circle Limited holds 1,080,000 ordinary shares of Green Circle Decarbonize Technology Ltd for CEO Chan Kam Biu Richard. The filing identifies Green Circle Limited as a British Virgin Islands company that is 100% owned by the reporting person, making this an indirect ownership position.

How many GCDT shares are held through Joyful Star Limited?

Joyful Star Limited holds 5,280,000 ordinary shares of Green Circle Decarbonize Technology Ltd for CEO Chan Kam Biu Richard. The Form 3 states Joyful Star Limited is a British Virgin Islands company wholly owned by him, so these shares are reported as indirect ownership.

Does the GCDT Form 3 show any insider buying or selling?

The Form 3 does not show insider buying or selling; it records existing indirect holdings. Transaction codes are unknown, transaction shares are not listed, and the filing categorizes the entries as holdings that establish the CEO’s beneficial ownership positions through two controlled entities.

How is ownership structured for GCDT shares in this Form 3?

Ownership is structured indirectly through Green Circle Limited and Joyful Star Limited, both British Virgin Islands companies. The filing notes each is 100% owned by CEO Chan Kam Biu Richard, so the ordinary shares they hold are attributed to him as indirect beneficial ownership.