Dreamland CEO buys 580K Class A, 72K Class B shares
Dreamland Ltd director and Chief Executive Officer Seto Wai Yue acquired 580,000 Class A Ordinary Shares and 72,000 Class B Ordinary Shares of TDIC at $3.75 per share in a private placement that closed on July 7, 2026.
Rhea-AI Filing Summary
Dreamland Ltd director and Chief Executive Officer Seto Wai Yue acquired 580,000 Class A Ordinary Shares and 72,000 Class B Ordinary Shares of TDIC at $3.75 per share in a private placement that closed on July 7, 2026. Following these purchases, Seto holds 749,890 Class A shares and 80,000 Class B shares directly. Each Class B share is convertible into one Class A share at the holder’s option.
Positive
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Negative
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Filing Explained
The completed July 7 private placement added 652,000 shares to the CEO’s direct holdings, including 72,000 shares convertible into Class A.
Form 4 reports an insider's transaction within two business days; this filing was signed on
The filing uses transaction code P, which the supplied Form 4 note defines as an open-market purchase, while its explanation identifies this acquisition as part of a private placement—a sale of securities to selected investors outside a public offering. The filing states that each Class B ordinary share is convertible into one Class A ordinary share at the holder's option.
Following the reported transactions, the filing lists direct holdings of
The conversion feature remains conditional on the holder exercising the option; no conversion transaction is reported in this
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares, par value US$0.00125 per share F1 | 580,000 | $3.75 | $2.17M |
| Purchase | Class B Ordinary Shares, par value US$0.00125 per share F1 | 72,000 | $3.75 | $270K |
Footnotes (1)
- F1. The reporting person acquired 580,000 Class A ordinary shares and 72,000 Class B ordinary shares at a private placement closed on July 7, 2026. Each Class B ordinary share is convertible into one Class A ordinary share at the option of the holder.
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