JBDI Holdings (JBDI) insider files Form 3 for 3,947,910 shares
Rhea-AI Filing Summary
NEO CHIN HENG filed an initial statement of beneficial ownership for JBDI Holdings Ltd, reporting indirect ownership of 3,947,910 Ordinary Shares with par value US$0.001. The shares are held through E U Holdings, which is owned 50/50 with Ng Eng Guan, with equal voting power over its holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NEO CHIN HENG
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares, par value US$0.001 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares, par value US$0.001 — 3,947,910 shares (Indirect, Ng Eng Guan & Neo Chun Heng own 50% each of the shares of E U Holdings and have equal voting power.)
Key Figures
Indirectly owned shares: 3,947,910 Ordinary Shares
Par value: US$0.001 per share
Holding entries: 1
+2 more
5 metrics
Indirectly owned shares
3,947,910 Ordinary Shares
Total shares reported as indirectly owned following the holding entry
Par value
US$0.001 per share
Par value of JBDI Holdings Ltd Ordinary Shares
Holding entries
1
Number of holding entries reported in the transaction summary
Buy transactions
0
Buy transactions count in the transaction summary
Sell transactions
0
Sell transactions count in the transaction summary
Key Terms
Ordinary Shares, indirect, voting power
3 terms
indirect financial
"Ownership type is reported as indirect with code “I”."
voting power financial
"Ng Eng Guan & Neo Chun Heng have equal voting power."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the JBDI (JBDI) Form 3 filed by NEO CHIN HENG disclose?
The Form 3 reports indirect beneficial ownership of 3,947,910 Ordinary Shares of JBDI Holdings Ltd. These shares are held through E U Holdings, reflecting the insider’s initial reported position rather than newly executed market transactions.
Is NEO CHIN HENG’s JBDI (JBDI) ownership direct or indirect?
The reported ownership is indirect. The Ordinary Shares are held through E U Holdings, and the filing classifies the position as indirect, with a nature-of-ownership note describing the 50/50 ownership and equal voting power arrangement.