CytoMed Therapeutics chairman reports 25.17% stake
His reported position includes shares issued in exchange for capital contributions, alongside directly held and entity-held shares.
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Rhea-AI Filing Summary
CytoMed Therapeutics Ltd (GDTC) Chairman and Director Choo Chee Kong reported purchasing 29,250 ordinary shares in open-market transactions on the Nasdaq Capital Market between October 12, 2026 and October 15, 2026. The purchases had a weighted average price of $0.8587 per share and an aggregate purchase price of approximately $25,117.35, paid through his brokerage account with personal funds.
Choo reported beneficial ownership of 3,003,996 ordinary shares, representing 25.17% of CytoMed’s outstanding shares. The reported total includes 2,075,310 shares held indirectly through Glorious Finance Limited, 194,112 held by EP Capital Inc., and 734,574 held directly. Choo owns a 55% stake in Glorious Finance and disclaims beneficial ownership of the remainder of its 3,773,291-share holding. The amendment says Choo and Glorious Finance’s remaining shareholders may be deemed to act as a group because they share voting and dispositive power over those shares, without a formal agreement governing voting or investment decisions.
Filing Explained
Schedule 13D discloses ownership above 5% when a holder may seek to influence control; in this amendment, Choo says he has no current plan or proposal regarding the listed corporate actions, except as stated in the filing, though he may be asked to discuss or vote on them as a director.
Key Figures
Key Terms
beneficial ownership regulatory
acting as a "group" under Section 13(d)(3) regulatory
weighted average price financial
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