97.7% voting stake tied to Globavend Holdings (GVH) insider
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Globavend Holdings Ltd director and 10% owner Fung Kai Man has filed an initial Form 3 showing indirect control of both management and ordinary shares through Central Master Enterprises Limited. The reported holdings represent approximately 97.7% of Globavend’s total voting power based on 2,286,819 shares outstanding as of February 13, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fung Kai Man
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Management Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 57,224 shares (Indirect, By Corporation);
Management Shares — 100 shares (Indirect, By Corporation)
Footnotes (1)
- The reported securities represent approximately 97.7% of the total voting power of Globavend Holdings Limited based on 2,286,819 shares issued and outstanding as of February 13, 2026. The reported securities are directly held by Central Master Enterprises Limited. Mr. Kai Man Fung, as a controlling shareholder of Central Master Enterprises Limited, may be deemed to beneficially own the securities owned directly by Central Master Enterprises Limited.
Key Figures
Voting power represented: 97.7% of total voting power
Shares outstanding: 2,286,819 shares
Management Shares held: 100 shares
+2 more
5 metrics
Voting power represented
97.7% of total voting power
Based on shares outstanding as of February 13, 2026
Shares outstanding
2,286,819 shares
Issued and outstanding as of February 13, 2026
Management Shares held
100 shares
Total management shares following holding entry, indirect ownership
Ordinary Shares held
57,224 shares
Total ordinary shares following holding entry, indirect ownership
Holding entries
2 entries
Two holding records, no buy or sell transactions
Key Terms
Management Shares, Ordinary Shares, beneficially own, voting power, +1 more
5 terms
beneficially own financial
"Fung may be deemed to beneficially own the securities owned directly by Central Master Enterprises Limited."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
voting power financial
"The reported securities represent approximately 97.7% of the total voting power of Globavend Holdings Limited."
Voting power is the ability shareholders have to influence a company's major decisions—like electing the board, approving mergers, or changing corporate rules—based on the voting rights attached to the shares they hold. For investors it matters because greater voting power is like holding more keys to a building: it gives you a stronger say over management choices and the company’s strategy, which can affect future value and risk.
indirect ownership financial
"The securities are reported as indirect ownership held "By Corporation" through Central Master Enterprises Limited."
FAQ
What does Fung Kai Man’s Form 3 show for Globavend Holdings (GVH)?
The Form 3 shows that Fung Kai Man, a director and 10% owner, indirectly holds management and ordinary shares through Central Master Enterprises Limited, representing about 97.7% of Globavend’s total voting power based on shares outstanding as of February 13, 2026.
How much voting power is reported in the Globavend (GVH) Form 3 filing?
The reported securities represent approximately 97.7% of the total voting power of Globavend Holdings Ltd. This percentage is based on 2,286,819 shares issued and outstanding as of February 13, 2026, as noted in the filing’s footnotes.
What types of securities are reported for Globavend (GVH) in this Form 3?
The filing reports indirect holdings of Management Shares and Ordinary Shares. For each class, it discloses total shares following the reported holding entries and characterizes the ownership as indirect, held "By Corporation" through Central Master Enterprises Limited.
Does the Globavend (GVH) Form 3 show any insider buying or selling activity?
The Form 3 is an initial statement of beneficial ownership and lists holding entries only. The transaction summary shows no buy or sell transactions, focusing instead on the insider’s existing indirect positions and their associated voting power in Globavend Holdings Ltd.