GLE CEO reports initial indirect shareholdings
Global Engine Group Holding Ltd director and CEO Lee Yat Lung Andrew filed an initial ownership report showing only existing positions, with no new share purchases or sales.
Rhea-AI Filing Summary
Global Engine Group Holding Ltd director and CEO Lee Yat Lung Andrew filed an initial ownership report showing only existing positions, with no new share purchases or sales. He is deemed to control 2,320,000 Class A and 4,640,000 Class B ordinary shares held by Valuable Fortune Limited, a BVI company he solely owns and directs. He also has voting power, but not dispositive power, over 3,520,000 additional Class A shares under a proxy agreement lasting until March 13, 2027, and disclaims beneficial ownership of those proxy shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class B ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
Footnotes (3)
- F1. Valuable Fortune Limited, a BVI company ("Valuable Fortune"), is the record holder of the 2,320,000 Class A ordinary shares reported herein. The Reporting Person is the sole owner and director of Valuable Fortune and is deemed to hold sole voting and dispositive power over the Class A ordinary shares held by Valuable Fortune.
- F2. Valuable Fortune is the record holder of the 4,640,000 Class B ordinary shares reported herein. The Reporting Person is the sole owner and director of Valuable Fortune and is deemed to hold sole voting and dispositive power over the Class B ordinary shares held by Valuable Fortune.
- F3. Represents 3,520,000 Class A ordinary shares owned by three shareholders of the Issuer pursuant to a proxy agreement dated March 13, 2025 (the "Proxy Agreement"), under which the Reporting Person exercises voting power over such shares. The Proxy Agreement is irrevocable for any reason other than for cause until March 13, 2027. The Reporting Person does not have dispositive power over these shares and disclaims beneficial ownership of such shares.
Key Figures
Key Terms
proxy agreement financial
beneficial ownership financial
dispositive power financial
FAQ
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What does the Form 3 for Global Engine Group (GLE) show about Andrew Lee's holdings?
Does the Global Engine Group (GLE) Form 3 report any insider buying or selling?
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