Greenpro Capital (GRNQ) CEO invests $250K, reports 11.16% ownership stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
Greenpro Capital Corp. Chief Executive Officer, President and director Lee Chong Kuang filed an amended Schedule 13D reporting his ownership in the company’s common stock. As of April 28, 2026, he beneficially owned 2,012,259 shares, or 11.16% of the outstanding common stock, based on 18,033,123 shares outstanding.
His stake includes 1,846,344 shares held directly and 165,915 shares held by his spouse, Yap Pei Ling, over which he may share voting and dispositive power. On April 28, 2026, he bought 107,310 shares from the company in a private placement at $2.3297 per share, investing $250,000 under a Subscription Agreement for investment purposes and to support the company’s operations.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 2,012,259 shares
Ownership percentage: 11.16%
Shares outstanding: 18,033,123 shares
+5 more
8 metrics
Beneficial ownership
2,012,259 shares
Common stock beneficially owned as of April 28, 2026
Ownership percentage
11.16%
Portion of outstanding common stock based on 18,033,123 shares
Shares outstanding
18,033,123 shares
Common stock outstanding as of April 28, 2026
Direct holdings
1,846,344 shares
Shares of common stock held directly by Lee Chong Kuang
Spouse holdings
165,915 shares
Shares of common stock held directly by spouse Yap Pei Ling
Recent shares purchased
107,310 shares
Shares bought on April 28, 2026 in private placement
Purchase price per share
$2.3297 per share
Price under the April 28, 2026 Subscription Agreement
Aggregate purchase price
$250,000
Total consideration for 107,310 shares in private placement
Key Terms
beneficially owned, Subscription Agreement, private placement, sole voting power, +2 more
6 terms
beneficially owned financial
"As of April 28, 2026, the Reporting Person beneficially owned an aggregate of 2,012,259 shares of Common Stock"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Subscription Agreement financial
"pursuant to the Subscription Agreement, dated April 28, 2026, at a purchase price of $2.3297 per share"
A subscription agreement is a legal contract in which an investor agrees to buy a specific number of a company’s shares or other securities under set terms, including price, payment method and conditions for closing the sale. It matters to investors because it legally locks in their purchase and the company’s obligations, determines ownership percentage and any investor rights, and can include conditions or promises that affect future control or returns—like signing a detailed purchase order for equity.
private placement financial
"acquired 107,310 shares of Common Stock from the Issuer in a private placement pursuant to a Subscription Agreement"
A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.
sole voting power financial
"The Reporting Person has sole voting power and sole dispositive power over 1,846,344 shares of Common Stock"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
FAQ
How much of Greenpro Capital Corp. (GRNQ) does Lee Chong Kuang own?
Lee Chong Kuang beneficially owns 2,012,259 shares of Greenpro Capital common stock, representing about 11.16% of the company. This total includes shares he holds directly plus shares held by his spouse, over which he may share voting and dispositive power.