Insider Lim Tze Chong, Patrick (JBDI) reports 12.62% ownership
Rhea-AI Filing Summary
JBDI Holdings Ltd shareholder Lim Tze Chong, Patrick reported beneficial ownership of 2,497,148 Ordinary Shares, representing 12.62% of the outstanding Ordinary Shares. He holds sole voting and sole dispositive power over this entire stake.
The shares were received on May 30, 2023 in a corporate reorganization in exchange for shares of another entity and were adjusted by a 2:1 forward stock split effective February 7, 2024. A 1:2 reverse split expected on or about June 29, 2026 is expected to reduce his holdings to 1,248,574 shares while leaving his ownership percentage unchanged. He states no current plans involving changes in control or other major corporate actions.
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Insights
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Key Figures
Beneficially owned shares: 2,497,148 Ordinary Shares
Ownership percentage: 12.62%
Forward stock split ratio: 2:1
+3 more
6 metrics
Beneficially owned shares
2,497,148 Ordinary Shares
Beneficially owned by Lim Tze Chong, Patrick
Ownership percentage
12.62%
Equity holdings of JBDI Ordinary Shares
Forward stock split ratio
2:1
Forward stock split effective February 7, 2024
Reverse split ratio
1:2
Reverse split expected on or about June 29, 2026
Post‑reverse‑split shares
1,248,574 shares
Expected holdings after 1:2 reverse split
Par value per Ordinary Share
$0.0005
Par value of JBDI Holdings Ltd Ordinary Shares
Key Terms
beneficially owned, sole voting power, sole dispositive power, corporate reorganization, +2 more
6 terms
beneficially owned financial
"Aggregate amount beneficially owned by each reporting person 2,497,148.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"The Reporting Person has sole voting power over 2,497,148 Ordinary Shares"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"The Reporting Person has sole dispositive power over 2,497,148 Ordinary Shares"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
corporate reorganization financial
"acquired the Ordinary Shares ... in a corporate reorganization"
forward stock split financial
"pursuant to 2:1 forward stock split effective February 7, 2024"
A forward stock split is when a company increases the number of its shares by dividing each existing share into smaller parts. This makes the stock price lower and more affordable for investors, similar to splitting a pizza into more slices so everyone can get a smaller piece. It doesn't change the company's total value, just how it's divided among shareholders.
reverse split financial
"shares will be reduced ... in accordance with a 1:2 reverse split"
A reverse split is when a company reduces the number of its outstanding shares by combining several existing shares into one new share, so the price per share rises proportionally while the company’s overall value stays the same. Investors care because it can make a stock appear more respectable or meet exchange rules — like turning many small coins into a single larger bill — but it can also signal financial trouble and often affects trading liquidity and investor perception.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of JBDI (JBDI) does Lim Tze Chong, Patrick currently own?
He beneficially owns 2,497,148 Ordinary Shares of JBDI Holdings Ltd, representing 12.62% of the outstanding Ordinary Shares. The disclosure notes that he has sole voting and sole dispositive power over this entire position.
What effect will the planned reverse split have on Lim Tze Chong, Patrick’s JBDI (JBDI) holdings?
A planned 1:2 reverse split, expected on or about June 29, 2026, will reduce his JBDI holdings from 2,497,148 to 1,248,574 shares. The filing states his equity ownership percentage will remain the same after this reverse split.
Does Lim Tze Chong, Patrick have plans to change control or strategy at JBDI (JBDI)?
He states that he does not have plans or proposals relating to the typical Schedule 13D items, including changes in control, major asset sales, mergers, or other significant corporate actions affecting JBDI Holdings Ltd.