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Global Engine Group (GLE) CEO details indirect and proxy share control in Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

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

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Negative

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Insider Lee Yat Lung Andrew
Role Chief Executive Officer
Type Security Shares Price Value
holding Class A ordinary shares -- -- --
holding Class B ordinary shares -- -- --
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 2,320,000 shares (Indirect, By Valuable Fortune Limited); Class B ordinary shares — 4,640,000 shares (Indirect, By Valuable Fortune Limited)
Footnotes (1)
  1. 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. 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. 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.
Class A shares via proxy 3,520,000 shares Voting power under proxy agreement until March 13, 2027
Class A shares via Valuable Fortune 2,320,000 shares Class A ordinary shares held by Valuable Fortune Limited
Class B shares via Valuable Fortune 4,640,000 shares Class B ordinary shares held by Valuable Fortune Limited
Proxy agreement term end March 13, 2027 Proxy agreement on 3,520,000 Class A shares remains irrevocable until this date, except for cause
Class A ordinary shares financial
"Valuable Fortune Limited is the record holder of the 2,320,000 Class A ordinary shares reported herein."
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
Class B ordinary shares financial
"Valuable Fortune is the record holder of the 4,640,000 Class B ordinary shares reported herein."
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
proxy agreement financial
"Represents 3,520,000 Class A ordinary shares owned by three shareholders of the Issuer pursuant to a proxy agreement dated March 13, 2025."
beneficial ownership financial
"The Reporting Person does not have dispositive power over these shares and disclaims beneficial ownership of such shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
dispositive power financial
"The Reporting Person does not have dispositive power over these shares and disclaims beneficial ownership of such shares."
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Lee Yat Lung Andrew

(Last)(First)(Middle)
C/O GLOBAL ENGINE GROUP HOLDING LIMITED
RM C,19/F,WORLD TECH CTR,95 HOW MING ST

(Street)
KWUN TONG, KOWLOON

(City)(State)(Zip)

HONG KONG

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
05/14/2026
3. Issuer Name and Ticker or Trading Symbol
Global Engine Group Holding Ltd [ GLE ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares2,320,000(1)IBy Valuable Fortune Limited(1)
Class B ordinary shares4,640,000(2)IBy Valuable Fortune Limited(2)
Class A ordinary shares3,520,000(3)IPursuant to proxy agreement(3)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
3. 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.
/s/ Andrew, Lee Yat Lung05/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Form 3 for Global Engine Group (GLE) show about Andrew Lee's holdings?

The Form 3 shows that CEO and director Lee Yat Lung Andrew reports only existing holdings, with no new trades. He is associated with Class A and Class B ordinary shares held via Valuable Fortune Limited, plus voting power over additional shares through a proxy agreement.

How many Global Engine Group (GLE) Class A shares are held through Valuable Fortune Limited?

Valuable Fortune Limited holds 2,320,000 Class A ordinary shares of Global Engine Group. The reporting person is the sole owner and director of this BVI company and is deemed to have sole voting and dispositive power over these Class A shares held by Valuable Fortune.

How many Global Engine Group (GLE) Class B shares are linked to Andrew Lee on this Form 3?

The filing states that Valuable Fortune Limited is the record holder of 4,640,000 Class B ordinary shares. As sole owner and director of Valuable Fortune, Andrew Lee is deemed to have sole voting and dispositive power over these Class B ordinary shares held through that entity.

What is the proxy agreement affecting Global Engine Group (GLE) Class A shares?

The proxy agreement dated March 13, 2025 covers 3,520,000 Class A ordinary shares owned by three shareholders. Under it, Andrew Lee exercises voting power over these shares until March 13, 2027, but lacks dispositive power and disclaims beneficial ownership of those proxy shares.

Does the Global Engine Group (GLE) Form 3 report any insider buying or selling?

The Form 3 does not report any insider buying or selling activity. It is an initial ownership filing listing existing indirect holdings and voting arrangements, including shares held by Valuable Fortune Limited and shares subject to a proxy agreement where only voting power is granted.

How is beneficial ownership described for the proxy shares in Global Engine Group (GLE)?

For the 3,520,000 proxy Class A shares, Andrew Lee has voting power but no dispositive power. The filing explicitly states he disclaims beneficial ownership of these shares, distinguishing them from the shares held by Valuable Fortune Limited where he has both voting and dispositive power.