INEO (INEO) CEO lists over 3.5M indirect shares in Form 3
Rhea-AI Filing Summary
INNEOVA Holdings Ltd director and CEO Neo Chin Heng has filed an initial Form 3 reporting indirect ownership of the company’s shares. Securities are held by Soon Aik Global Pte. Ltd., an entity in which he owns 25% alongside related parties, totaling 2,551,156 Class A Ordinary Shares and 1,000,000 Class B Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
NEO CHIN HENG
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 2,551,156 shares (Indirect, See footnote);
Class B Ordinary Shares — 1,000,000 shares (Indirect, See footnote)
Footnotes (2)
- F1. Securities are held by Soon Aik Global Pte. Ltd. ("Soon Aik"), of which Mr. Neo Chin Heng is a 25% shareholder, with the remaining shares of Soon Aik held by related parties.
- F2. Securities are held by Soon Aik Global Pte. Ltd. ("Soon Aik"), of which Mr. Neo Chin Heng is a 25% shareholder, with the remaining shares of Soon Aik held by related parties.
Key Figures
Indirect Class A holdings: 2,551,156 shares
Indirect Class B holdings: 1,000,000 shares
Soon Aik ownership by Neo Chin Heng: 25%
3 metrics
Indirect Class A holdings
2,551,156 shares
Class A Ordinary Shares held via Soon Aik Global Pte. Ltd.
Indirect Class B holdings
1,000,000 shares
Class B Ordinary Shares held via Soon Aik Global Pte. Ltd.
Soon Aik ownership by Neo Chin Heng
25%
Equity interest in Soon Aik Global Pte. Ltd.
Key Terms
Class A Ordinary Shares, Class B Ordinary Shares, indirect ownership, Form 3
4 terms
indirect ownership financial
"He reports indirect ownership of INNEOVA Holdings shares."
Form 3 regulatory
"has filed an initial Form 3 reporting indirect ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does INEO CEO Neo Chin Heng report in this Form 3 filing?
He reports indirect ownership of INNEOVA Holdings shares. The filing lists 2,551,156 Class A Ordinary Shares and 1,000,000 Class B Ordinary Shares held through Soon Aik Global Pte. Ltd., where he is a 25% shareholder together with related parties.
What is Soon Aik Global Pte. Ltd.’s role in Neo Chin Heng’s INEO holdings?
Soon Aik Global Pte. Ltd. is the entity that legally holds the reported INNEOVA Holdings shares. Footnotes explain Neo Chin Heng owns 25% of Soon Aik, while related parties hold the remaining equity, making his interest in the shares indirect.
Does this INEO Form 3 indicate any recent buy or sell transactions?
No, it functions as an initial ownership report, not a trade notice. The data classify both entries as holdings with no buy or sell codes, showing only the total shares beneficially owned indirectly through Soon Aik Global Pte. Ltd.