GCL Global (NASDAQ: GCL) chair reports 80.6M-share indirect ownership on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
GCL Global Holdings Ltd director and officer Choo See Wee Jacky has filed an initial ownership report on Form 3. The filing shows indirect ownership of 80,581,793 ordinary shares held through Epicsoft Ventures Ltd, which is 98% owned by him and over which he has sole voting and dispositive power. He disclaims beneficial ownership beyond his direct or indirect pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Choo See Wee Jacky
Role
Group Chairman (see Remarks)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 80,581,793 shares (Indirect, See Footnote)
Footnotes (1)
- [object Object]
FAQ
What does Choo See Wee Jacky report owning in GCL on this Form 3?
He reports indirect ownership of 80,581,793 ordinary shares of GCL Global Holdings Ltd. These shares are held through Epicsoft Ventures Ltd, giving him a substantial economic and voting interest via this entity-based holding structure.
Is the GCL Form 3 a buy or sell by Choo See Wee Jacky?
The Form 3 is an initial ownership report, not a buy or sell transaction. It simply discloses his existing indirect holdings in GCL Global Holdings Ltd and does not reflect new purchases or sales of securities.
What role does Choo See Wee Jacky hold at GCL Global Holdings Ltd?
He is identified as a director and officer of GCL Global Holdings Ltd, with the officer title of Group Chairman. This senior leadership role explains why his ownership must be reported under Section 16 rules.