iOThree (IOTR) CEO details indirect stakes via holding companies
Rhea-AI Filing Summary
iOThree Ltd CEO and director Eng Chye Koh filed an initial ownership report showing indirect stakes in the company through affiliated entities. The filing lists Class A Shares that are convertible into Ordinary Shares on a one-for-one basis.
Through All Wealthy International Limited, of which he is the sole shareholder, Koh has sole voting and dispositive power over 403,435 underlying Ordinary Shares linked to Class A Shares, plus 89,285 Ordinary Shares. Through IO3 Strategic Investments Limited, in which he owns 51%, the filing reports 1,428,240 underlying Ordinary Shares tied to Class A Shares, while he disclaims beneficial ownership beyond his pecuniary interest. The report reflects holdings only and does not list new purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Shares | -- | -- | -- |
| holding | Class A Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Eng Chye Koh is the sole shareholder of All Wealthy International Limited, and therefore has sole voting and dispositive power over the securities held by All Wealthy International Limited. Each Class A Share is convertible into one Ordinary Share of the Issuer at any time, at the election of the holder or automatically upon certain transfers, whether or not for value. A holder's Class A Shares convert automatically upon certain transfers and may be subject to mandatory conversion into Ordinary Shares upon the occurrence of certain events described in the Issuer's Second Amended and Restated Articles of Association. Eng Chye Koh owns 51% of iO3 Strategic Investments Limited. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.