GrowHub (TGHL) CEO Chan Lester Choon Yew files Form 3 on Class B stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
GrowHub Ltd (TGHL) CEO and director Chan Lester Choon Yew filed an initial ownership report on Class B Ordinary Shares. The filing shows 8,340 Class B shares held directly. It also reports indirect holdings through three wholly owned Singapore entities with separate Class B share positions.
Chan is listed as a ten percent owner, reflecting substantial influence. Indirect positions include Class B Ordinary Shares held via Initium Novum Capital Pte Ltd, Vita Nova Ventures Pte Ltd, and EMJ Capital Pte Ltd, each reported as wholly owned by Chan, aligning these entities’ share positions with his economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Chan Lester Choon Yew
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 8,340 shares (Direct);
Class B Ordinary Shares — 3,175,000 shares (Indirect, Wholly owned shareholder of Initium Novum Capital Pte Ltd)
Footnotes (1)
Key Figures
Direct Class B holdings: 8,340 shares
Initium Novum Capital Class B holdings: 3,175,000 shares
Vita Nova Ventures Class B holdings: 3,875,000 shares
+2 more
5 metrics
Direct Class B holdings
8,340 shares
Total Class B Ordinary Shares held directly after reporting
Initium Novum Capital Class B holdings
3,175,000 shares
Class B Ordinary Shares held indirectly via Initium Novum Capital Pte Ltd
Vita Nova Ventures Class B holdings
3,875,000 shares
Class B Ordinary Shares held indirectly via Vita Nova Ventures Pte Ltd
EMJ Capital Class B holdings
3,375,000 shares
Class B Ordinary Shares held indirectly via EMJ Capital Pte Ltd
Holding entries
4 entries
All reported as holdings with unknown transaction codes
Key Terms
Class B Ordinary Shares, ten percent owner, direct, indirect, +1 more
5 terms
ten percent owner regulatory
""is_ten_percent_owner": 1"
direct financial
""ownership_type": "direct""
indirect financial
""ownership_type": "indirect""
FAQ
What does the Form 3 for GrowHub Ltd (TGHL) disclose about insider holdings?
The Form 3 shows CEO and director Chan Lester Choon Yew as a ten percent owner of GrowHub Ltd. It reports 8,340 Class B Ordinary Shares held directly and additional Class B holdings held indirectly through three wholly owned Singapore entities.
What types of securities are reported in Chan Lester Choon Yew’s GrowHub (TGHL) Form 3?
All reported positions are in Class B Ordinary Shares of GrowHub Ltd. The filing lists one direct Class B holding and three indirect Class B holdings through wholly owned entities, without any derivative securities or option positions disclosed in the derivativeSummary section.
How is indirect ownership structured for GrowHub (TGHL) CEO Chan Lester Choon Yew?
Indirect ownership is reported through three Singapore entities: Initium Novum Capital Pte Ltd, Vita Nova Ventures Pte Ltd, and EMJ Capital Pte Ltd. Chan is described as the wholly owned shareholder of each, so their Class B Ordinary Share positions are attributed to him as indirect holdings.
Does the GrowHub (TGHL) Form 3 show any insider buying or selling by Chan Lester Choon Yew?
No transactions are reported; the Form 3 is an initial ownership statement. All four entries are classified as holdings with unknown transaction codes, and the transactionSummary shows zero buy or sell counts, indicating no reported trades in this filing.
Why is Chan Lester Choon Yew labeled a ten percent owner of GrowHub (TGHL)?
He is flagged as a ten percent owner because his combined direct and indirect Class B Ordinary Share holdings meet regulatory thresholds. The filing identifies him as CEO, director, and ten percent owner, highlighting significant control and economic exposure to GrowHub Ltd’s equity.