ILAG CEO reports preferred share holdings
Intelligent Living Application Group Inc. director and Chief Executive Officer Bong Lau filed an initial statement of ownership.
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Rhea-AI Filing Summary
Intelligent Living Application Group Inc. director and Chief Executive Officer Bong Lau filed an initial statement of ownership. He reports holding 234,000 ordinary shares, 200,000 Series A preferred shares convertible 1:1 into ordinary shares with 20 votes each, and 1,000,000 Series B preferred shares convertible 1:1 with 50 votes each.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Series A Preferred Shares | -- | -- | -- |
| holding | Series B Preferred Shares | -- | -- | -- |
Footnotes (2)
- F1. Mr. Bong Lau owns 200,000 series A preferred shares of the Issuer. Each series A preferred share is convertible into one ordinary share of the Issuer at the holder's option. Each series A preferred share has 20 votes at the general meetings of the Issuer.
- F2. Mr. Bong Lau owns 1,000,000 series B preferred shares of the Issuer. Each series B preferred share is convertible into one ordinary share of the Issuer at the holder's option. Each series B preferred share has 50 votes at the general meetings of the Issuer.
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What does ILAG's latest Form 3 filing show about Bong Lau's ownership?
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