CytoMed Therapeutics (GDTC) chair discloses 24.3% share stake
Rhea-AI Filing Summary
An amended ownership report for CytoMed Therapeutics Ltd shows that Chairman and Director Choo Chee Kong beneficially owns 2,899,746 ordinary shares, representing 24.30% of the issuer’s 11,934,908 ordinary shares outstanding as of the reported date.
The holdings comprise 2,075,310 shares deemed owned through Glorious Finance Limited, 194,112 shares through EP Capital Inc., and 630,324 shares held directly. He has sole voting and dispositive power over 824,436 shares and shared power over 3,773,291 shares. Between July 14 and July 20, 2026, he acquired 200,000 shares from Teoh Teik Kee at $1.50 per share, for $300,000, using personal funds via a brokerage account. The shares were obtained via capital contributions and open-market purchases for investment purposes. The disclosure notes that shareholders of Glorious Finance may be deemed a Section 13(d)(3) group due to shared voting and dispositive power, though there is no formal voting agreement.
Positive
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Negative
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Filing Explained
This Schedule 13D/A records an ownership update and says Choo Chee Kong has no current plan or proposal regarding the listed control-related matters; as chairman and director, he may still be asked to discuss or vote on them.
Key Figures
Key Terms
beneficially owns regulatory
dispositive power regulatory
Section 13(d)(3) regulatory
Rule 10b-5 regulatory
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