Platinum Gate and principals disclose 4.49% stake in TMD Energy (TMDE)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
TMD Energy Ltd Schedule 13G/A amendment discloses that Platinum Gate Capital Pte. Ltd. holds 1,057,561 ordinary shares, representing 4.488% of the issued and outstanding ordinary shares. The filing states the outstanding share base was 23,565,000 ordinary shares as of September 29, 2025. Platinum Gate is owned 80% by Tony Han Tan and 20% by Kwang Liong Djie; both are directors of Platinum Gate and are deemed to share voting and dispositive power over the reported shares. The filing is certified by Messrs. Tan and Djie.
Positive
- None.
Negative
- None.
Key Figures
Shares held by Platinum Gate: 1,057,561 shares
Percent of class: 4.488%
Shares outstanding (reference): 23,565,000 shares
+1 more
4 metrics
Shares held by Platinum Gate
1,057,561 shares
amount beneficially owned as reported in Schedule 13G/A
Percent of class
4.488%
percent of ordinary shares calculated using 23,565,000 shares outstanding
Shares outstanding (reference)
23,565,000 shares
issued and outstanding ordinary shares as of Form 20-F filed September 29, 2025
Platinum Gate ownership split
80% / 20%
Platinum Gate owned 80% by Tony Han Tan and 20% by Kwang Liong Djie
Key Terms
Schedule 13G/A, beneficially owned, dispositive power, Form 20-F
4 terms
Schedule 13G/A regulatory
"Amendment No. 1 to a Schedule 13G/A beneficial ownership filing"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned financial
"Amount beneficially owned: 1,057,561 Platinum Gate Capital Pte. Ltd."
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.
dispositive power regulatory
"Shared Dispositive Power 1,057,561.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Form 20-F regulatory
"based on the Form 20-F filed by the Issuer on September 29, 2025"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.