Mega Fortune (MGRT) director discloses 465,395 indirect shares in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Mega Fortune Co Ltd director Lai Long Wai has filed an initial ownership report showing an indirect stake in the company. The filing reports beneficial ownership of 465,395 Ordinary Shares held indirectly through DL International Holdings Limited. This is a Form 3, which establishes Lai Long Wai’s starting ownership position and does not report any recent share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lai Long Wai
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 465,395 shares (Indirect, By DL International Holdings Limited)
Footnotes (1)
FAQ
What does Lai Long Wai’s Form 3 filing for MGRT show?
The Form 3 shows Lai Long Wai, a director of Mega Fortune Co Ltd, has indirect beneficial ownership of 465,395 Ordinary Shares. These shares are held through DL International Holdings Limited, establishing his starting ownership position as an insider.
Is the MGRT Form 3 a buy or sell transaction by Lai Long Wai?
The Form 3 does not report a buy or sell transaction. It is an initial ownership statement, simply listing Lai Long Wai’s indirect holdings of 465,395 Ordinary Shares through DL International Holdings Limited, rather than documenting a new trade.
What is the significance of a Form 3 filing for Mega Fortune (MGRT)?
A Form 3 is an insider’s initial ownership report. For Mega Fortune Co Ltd, it records Lai Long Wai’s starting indirect position of 465,395 Ordinary Shares, providing transparency about his beneficial holdings when he became a reporting insider.