HOYANG Development holds 14.64M Ryde shares (RYDE) — 9.76% stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Ryde Group Ltd reports that HOYANG DEVELOPMENT LIMITED beneficially owns 14,642,000 Class A Ordinary Shares, representing 9.76% of the class based on 150,049,131 shares outstanding as referenced in the filing. The filing lists sole voting and dispositive power over these shares.
Positive
- None.
Negative
- None.
Insights
13G shows a single holder with near-10% stake and sole control.
The filing records 14,642,000 shares held by HOYANG DEVELOPMENT LIMITED with sole voting and dispositive power. The percentage reported is 9.76% calculated from 150,049,131 Class A Ordinary Shares as cited in the excerpt.
Timing and precise source linkage reference a Form 6-K dated May 18, 2026 in the excerpt; subsequent filings will confirm any changes.
Key Figures
Beneficial ownership: 14,642,000 shares
Percent of class: 9.76%
Shares outstanding (reference): 150,049,131 shares
3 metrics
Beneficial ownership
14,642,000 shares
Class A Ordinary Shares held by HOYANG DEVELOPMENT LIMITED
Percent of class
9.76%
Calculated from 150,049,131 shares outstanding per the filing
Shares outstanding (reference)
150,049,131 shares
Quoted in the filing as the basis for the percentage; referenced to a Form 6-K dated May 18, 2026 in the excerpt
Key Terms
Beneficially owned, Sole Dispositive Power, Schedule 13G
3 terms
Beneficially owned financial
"Amount beneficially owned: 14,642,000 (shows investor control over economic interests)"
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 Dispositive Power regulatory
"Sole power to dispose or to direct the disposition of: 14,642,000"
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.
Schedule 13G regulatory
"form_type: SCHEDULE 13G (ownership reporting for passive/qualifying investors)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What stake does HOYANG DEVELOPMENT hold in Ryde Group Ltd (RYDE)?
HOYANG DEVELOPMENT LIMITED beneficially owns 14,642,000 Class A Ordinary Shares, equal to 9.76% of the class as reported in the filing, using a base of 150,049,131 shares outstanding referenced in the excerpt.
Who signed the Schedule 13G for HOYANG DEVELOPMENT?
The filing is signed by LIU MEIQUN, DIRECTOR, on behalf of HOYANG DEVELOPMENT LIMITED with a signature date shown as 07/06/2026 in the excerpt.