Galaxy Payroll Group (GLXG) COO details initial insider share ownership
Rhea-AI Filing Summary
Galaxy Payroll Group Ltd insider But Yiu Kong Kenneth, who serves as a director, Chief Operating Officer and is identified as a more than ten percent owner, reports initial beneficial ownership of 120,000 Class A Ordinary Shares and 120,000 Class B Ordinary Shares as of 2024-09-10, all held indirectly through Agapao Investment Holding Limited.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
But Yiu Kong Kenneth
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 120,000 shares (Indirect, Held by Agapao Investment Holding Limited);
Class B Ordinary Shares — 120,000 shares (Indirect, Held by Agapao Investment Holding Limited)
Key Figures
Class A Ordinary Shares held: 120,000 shares
Class B Ordinary Shares held: 120,000 shares
Reported equity classes: 2
3 metrics
Class A Ordinary Shares held
120,000 shares
Indirectly held by Agapao Investment Holding Limited as of 2024-09-10
Class B Ordinary Shares held
120,000 shares
Indirectly held by Agapao Investment Holding Limited as of 2024-09-10
Reported equity classes
2
Classes of ordinary shares reported in initial insider ownership statement
Key Terms
Class A Ordinary Shares, Class B Ordinary Shares, indirect ownership, Agapao Investment Holding Limited
4 terms
indirect ownership financial
"ownership_type is "indirect" and ownership_code is "I" for both entries"
Agapao Investment Holding Limited financial
"nature_of_ownership: "Held by Agapao Investment Holding Limited""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider ownership does the GLXG Form 3 report for But Yiu Kong Kenneth?
The Form 3 shows that But Yiu Kong Kenneth beneficially owns 120,000 Class A Ordinary Shares and 120,000 Class B Ordinary Shares of Galaxy Payroll Group, all held indirectly through Agapao Investment Holding Limited as of 2024-09-10.
Is the GLXG insider ownership held directly or indirectly by But Yiu Kong Kenneth?
All reported Galaxy Payroll Group shares are held indirectly. Both the 120,000 Class A and 120,000 Class B Ordinary Shares are described as “Held by Agapao Investment Holding Limited”, rather than in But Yiu Kong Kenneth’s personal name.
What roles does But Yiu Kong Kenneth hold at Galaxy Payroll Group (GLXG)?
He is identified as a director, the company’s Chief Operating Officer, and a more than ten percent owner of Galaxy Payroll Group. This combination reflects both executive management responsibility and significant equity ownership.