Skyline Builders Group (KAZR) investors report 8.16% stake in Class A shares

Rhea-AI Filing Summary

Skyline Builders Group Holding Limited received an updated ownership report on its Class A ordinary shares. Philadelphia Financial Management of San Francisco, LLC and affiliated entities, including Boathouse Row I, L.P., Boathouse Row II, L.P., Boathouse Row Offshore, Ltd., Jordan Hymowitz, and the Hymowitz 1999 Trust, are identified as Reporting Persons.

These Reporting Persons collectively beneficially own 1,005,405 Class A ordinary shares, representing 8.16% of the class, based on 11,816,586 Class A shares outstanding as described in a Form 6-K dated January 13, 2026. All voting and dispositive authority over these shares is reported as shared, with no sole voting or dispositive power.

Key Figures

Beneficially owned shares: 1,005,405 shares Percent of class: 8.16% Shares outstanding basis: 11,816,586 shares +3 more

6 metrics

Beneficially owned shares 1,005,405 shares Class A ordinary shares beneficially owned by the Reporting Persons

Percent of class 8.16% Percentage of Skyline Builders Group Holding Limited Class A ordinary shares

Shares outstanding basis 11,816,586 shares Class A ordinary shares outstanding as described in Form 6-K on January 13, 2026

Par value per share $0.00001 per share Par value of Skyline Builders Group Holding Limited Class A ordinary shares

Shared voting power 1,005,405 shares Shares over which Reporting Persons have shared power to vote

Sole voting power 0 shares Shares over which Reporting Persons have sole power to vote

Key Terms

beneficially owned, shared voting power, dispositive power, Reporting Person, +1 more

5 terms

beneficially owned financial

"Item 4. | Ownership (a) | Amount beneficially owned: 1,005,405"

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.

shared voting power financial

"6 | Shared Voting Power 1,005,405.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

dispositive power financial

"8 | Shared Dispositive Power 1,005,405.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Reporting Person regulatory

"Each of the foregoing is referred to as a "Reporting Person""

Schedule 13G/A regulatory

"Ownership of more than 5 Percent on Behalf of Another Person."

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

FAQ

What ownership stake in KAZR does Philadelphia Financial Management report in this Schedule 13G/A?

Philadelphia Financial Management and related Reporting Persons report beneficial ownership of 1,005,405 Class A shares of Skyline Builders Group Holding Limited (KAZR), representing 8.16% of the outstanding Class A ordinary shares.

How is the 8.16% ownership of KAZR calculated in this filing?

The reported 8.16% ownership is based on 11,816,586 Class A ordinary shares outstanding, as described in Skyline Builders Group Holding Limited’s Form 6-K filed on January 13, 2026.

Which entities are Reporting Persons in the KAZR Schedule 13G/A amendment?

Reporting Persons include Philadelphia Financial Management of San Francisco, LLC, Boathouse Row I, L.P., Boathouse Row II, L.P., Boathouse Row Offshore, Ltd., Jordan Hymowitz, and the Hymowitz 1999 Trust.

What voting and dispositive power over KAZR shares do the Reporting Persons have?

The Reporting Persons disclose 0 shares with sole voting or dispositive power and 1,005,405 shares with shared voting and shared dispositive power over Skyline Builders Group Holding Limited’s Class A ordinary shares.

What class of KAZR securities is covered by this Schedule 13G/A?

The filing covers Class A ordinary shares of Skyline Builders Group Holding Limited, with a $0.00001 par value per share and CUSIP G8193D104.

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Available on EDGAR 08/14/2026 - 04:01 PM Accepted by SEC EDGAR 08/14/2026 - 04:00 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Skyline Builders Group Holding Limited

(Name of Issuer)

Class A ordinary shares, $0.00001 par value per share

(Title of Class of Securities)

G8193D104

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G8193D104

1

Names of Reporting Persons

Philadelphia Financial Management of San Francisco, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,005,405.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,005,405.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,005,405.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.16 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: The percentage is based off 11,816,586 shares of Class A ordinary shares outstanding as described in the Issuers Form 6-K filed on January 13, 2026.

SCHEDULE 13G

CUSIP Number(s): G8193D104

1

Names of Reporting Persons

Boathouse Row I, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,005,405.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,005,405.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,005,405.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.16 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: The percentage is based off 11,816,586 shares of Class A ordinary shares outstanding as described in the Issuers Form 6-K filed on January 13, 2026.

SCHEDULE 13G

CUSIP Number(s): G8193D104

1

Names of Reporting Persons

Boathouse Row II, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,005,405.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,005,405.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,005,405.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.16 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: The percentage is based off 11,816,586 shares of Class A ordinary shares outstanding as described in the Issuers Form 6-K filed on January 13, 2026.

SCHEDULE 13G

CUSIP Number(s): G8193D104

1

Names of Reporting Persons

Boathouse Row Offshore, Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,005,405.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,005,405.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,005,405.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.16 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: The percentage is based off 11,816,586 shares of Class A ordinary shares outstanding as described in the Issuers Form 6-K filed on January 13, 2026.

SCHEDULE 13G

CUSIP Number(s): G8193D104

1

Names of Reporting Persons

Jordan Hymowitz

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,005,405.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,005,405.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,005,405.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.16 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: The percentage is based off 11,816,586 shares of Class A ordinary shares outstanding as described in the Issuers Form 6-K filed on January 13, 2026.

SCHEDULE 13G

CUSIP Number(s): G8193D104

1

Names of Reporting Persons

Hymowitz 1999 Trust

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,005,405.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,005,405.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,005,405.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.16 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: The percentage is based off 11,816,586 shares of Class A ordinary shares outstanding as described in the Issuers Form 6-K filed on January 13, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Skyline Builders Group Holding Limited
(b)	Address of issuer's principal executive offices: Office A, 15/F, Tower A, Capital Tower, No.38 Wai Yip Street, Kowloon Bay, Hong Kong, 00000
Item 2.
(a)	Name of person filing: This Schedule 13G is filed on behalf of each of the following persons: Philadelphia Financial Management of San Francisco, LLC Boathouse Row I, L.P. Boathouse Row II, L.P. Boathouse Row Offshore, Ltd. Jordan Hymowitz Hymowitz 1999 Trust Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." This Schedule 13G relates to the shares of common stock of the Issuer (the "Shares") held for the accounts of Philadelphia Financial Management of San Francisco, LLC ("PFM"), Boathouse Row I, L.P. ("BRI"), Boathouse Row II, L.P. ("BRII"), Boathouse Row Offshore, Ltd. ("BRO"). Philadelphia Financial Management of San Francisco, LLC ("PFM") is the investment adviser of BRO and the general partner of BRI and BRII and therefore retains voting control and dispositive power of the shares owned by each. Jordan Hymowitz is the Managing Member and sole owner of PFM.
(b)	Address or principal business office or, if none, residence: The principal business office of each Reporting Person is: c/o Philadelphia Financial Management of San Francisco, LLC 450 Sansome Street, Suite 1500 San Francisco, CA 94111
(c)	Citizenship: Philadelphia Financial Management of San Francisco, LLC - California, United States Boathouse Row I, L.P. - Delaware, United States Boathouse Row II, L.P. - Delaware, United States Boathouse Row Offshore, Ltd. - Cayman Islands Jordan Hymowitz - California, United States Hymowitz 1999 Trust- California, United States
(d)	Title of class of securities: Class A ordinary shares, $0.00001 par value per share
(e)	CUSIP No.: G8193D104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,005,405
(b)	Percent of class: 8.16 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1,005,405
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1,005,405
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. See disclosure in Items 2 and 4 hereof.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See disclosure in Items 2 and 4 hereof.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Philadelphia Financial Management of San Francisco, LLC

Signature:	/s/ Jeff Bowers
Name/Title:	Authorized Signatory
Date:	08/14/2026

Boathouse Row I, L.P.

Signature:	/s/ Jeff Bowers
Name/Title:	Authorized Signatory
Date:	08/14/2026

Boathouse Row II, L.P.

Signature:	/s/ Jeff Bowers
Name/Title:	Authorized Signatory
Date:	08/14/2026

Boathouse Row Offshore, Ltd.

Signature:	/s/ Jeff Bowers
Name/Title:	Authorized Signatory
Date:	08/14/2026

Jordan Hymowitz

Signature:	/s/ Jordan Hymowitz
Name/Title:	Authorized Signatory
Date:	08/14/2026

Hymowitz 1999 Trust

Signature:	/s/ Jordan Hymowitz
Name/Title:	Authorized Signatory
Date:	08/14/2026