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[SCHEDULE 13D/A] Primech Holdings Ltd Amended Major Shareholder Report

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(High)
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(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Primech Holdings Ltd CEO Kin Wai Ho has filed an amended beneficial ownership report showing control over 20,255,731 shares, representing 48.91% of the company’s equity. This includes 17,240,231 Ordinary Shares held indirectly through entities tied to Sapphire Universe Holdings, 15,500 Ordinary Shares held directly, and 3,000,000 Class B Preference Shares held directly.

The Class B Preference Shares are convertible one-for-one into Ordinary Shares and carry ten votes per share, while Ordinary Shares carry one vote each, giving Ho significant voting influence. The filing notes no current specific plans for corporate actions but allows that his intentions may change over time.

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Y708VV108

(CUSIP Number)
Kin Wai Ho, CEO
23 Ubi Crescent,
Singapore, U0, 408579
65 6286 1868

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
03/27/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Represents (i) 17,240,231 Ordinary Shares indirectly held through Bright Oracle Limited, Oriental Unicorn Limited, and their ownership in Sapphire Universe Holdings Limited; (ii) 15,500 Ordinary Shares held directly by Mr. Kin Wai Ho, and (iii) 3,000,000 Class B Preference Shares directly held by Mr. Kin Wai Ho. Sapphire Universe Holdings Limited holds 30,787,500 Ordinary Shares of Primech Holdings Ltd., a company incorporated under the laws of Singapore (the "Company"). Sapphire Universe Holdings Limited is owned by Bright Oracle Limited, Oriental Unicorn Limited and Shining Valkyrie Development Limited which hold 15.5%, 48.5% and 36%, respectively, of the outstanding shares of Sapphire Universe. Mr. Kin Wai Ho owns and controls Bright Oracle Limited. As such, Mr. Kin Wai Ho is deemed to beneficially own 4,772,063 Ordinary Shares held through Bright Oracle Limited. Mr. Kin Wai Ho and Mr. Jin Ngee Vernon Kwek beneficially owns and controls 83.5% and 16.5% of the issued and outstanding shares of Oriental Unicorn Limited, respectively. As such, Mr. Kin Wai Ho is deemed to beneficially own 12,468,168 Ordinary Shares held through Oriental Unicorn Limited. Class B Preference Shares are convertible at any time by the holder thereof into Ordinary Shares on a one-for-one basis. Ordinary Shares are not convertible into Class B Preference Shares under any circumstances. Each holder of Ordinary Shares is entitled to one vote per share and each holder of Class B Preference Shares is entitled to ten votes per share on all matters submitted to them for vote. (2) Percentage is calculated based on 38,417,987 Ordinary Shares and 3,000,000 Class B Preference Shares outstanding as of March 17, 2026, as reported by the shareholders' list held by the transfer agent.


SCHEDULE 13D


Ho Kin Wai
Signature:/s/ Kin Wai Ho
Name/Title:Kin Wai Ho
Date:03/27/2026

FAQ

How many Primech (PMEC) shares does CEO Kin Wai Ho beneficially own?

CEO Kin Wai Ho beneficially owns 20,255,731 shares of Primech, equal to 48.91% of the company’s equity. This stake combines indirectly held Ordinary Shares via affiliated entities, directly held Ordinary Shares, and directly held Class B Preference Shares with enhanced voting rights.

What percentage of Primech (PMEC) is represented by Kin Wai Ho’s stake?

Kin Wai Ho’s beneficial ownership represents 48.91% of Primech’s equity. This percentage is calculated using 38,417,987 Ordinary Shares and 3,000,000 Class B Preference Shares outstanding as of March 17, 2026, based on the shareholders’ list maintained by the transfer agent.

What special voting rights do Primech (PMEC) Class B Preference Shares carry?

Primech’s Class B Preference Shares are convertible into Ordinary Shares on a one-for-one basis and carry ten votes per share. Ordinary Shares carry one vote per share, so the Class B holdings significantly increase the voting power of holders like CEO Kin Wai Ho.

How is Sapphire Universe Holdings Limited involved in Primech (PMEC) ownership?

Sapphire Universe Holdings Limited holds 30,787,500 Ordinary Shares of Primech. It is owned by Bright Oracle Limited, Oriental Unicorn Limited, and Shining Valkyrie Development Limited. Through ownership of Bright Oracle and most of Oriental Unicorn, Kin Wai Ho is deemed to control a large portion of these shares.

Does Kin Wai Ho have any current plans to change control or strategy at Primech (PMEC)?

The filing states that Kin Wai Ho currently has no specific plans or proposals for actions such as mergers, reorganizations, or significant corporate changes. However, he may review and change his position over time and could seek to influence management or the board in the future.
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