Global Engine CFO reports 960,000 indirect GLE shares
Global Engine Group Holding Ltd director and CFO Sung Pui Hei has filed an initial ownership report on Form 3.
Rhea-AI Filing Summary
Global Engine Group Holding Ltd director and CFO Sung Pui Hei has filed an initial ownership report on Form 3. The filing shows indirect beneficial ownership of 960,000 Class A ordinary shares held through Cosmic Solution Group Limited, a BVI company fully owned and directed by the reporting person.
While Sung Pui Hei retains economic ownership of these shares, all voting rights over them are exercised by Chief Executive Officer Andrew Lee Yat Lung under a proxy agreement effective until March 13, 2027. As a result, the reporting person’s total voting power percentage is 0.0% while this proxy agreement remains in effect.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A ordinary shares | -- | -- | -- |
Footnotes (2)
- F1. Cosmic Solution Group Limited, a BVI company, is the record holder of the 960,000 Class A ordinary shares reported herein. The Reporting Person is the sole owner and a director of Cosmic Solution Group Limited and is deemed to hold sole voting and dispositive power over the shares held by Cosmic Solution Group Limited.
- F2. While the Reporting Person retains economic ownership of their Class A ordinary shares, the Reporting Person's voting rights are exercised by Mr. Andrew, LEE Yat Lung, Chief Executive Officer of the Issuer, pursuant to a March 13, 2025 proxy agreement (the "Proxy Agreement"). The Proxy Agreement is irrevocable for any reason other than for cause until March 13, 2027. Accordingly, the Reporting Person's total voting power percentage is 0.0% as of the date of hereof, while the Proxy Agreement remains in effect.
Key Figures
Key Terms
proxy agreement regulatory
voting power percentage financial
dispositive power financial
FAQ
What does Global Engine Group (GLE) CFO Sung Pui Hei report on this Form 3?
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