Uni-Fuels (UFG) CEO discloses 22.65M Class B shares in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Uni-Fuels Holdings Ltd director and Chief Executive Officer Koh Kuan Hua filed an initial ownership report showing indirect control of 22,650,000 Class B Ordinary Shares as of January 10, 2025. These shares are held through an investment holding company, indicating a significant existing stake rather than a new market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Koh Kuan Hua
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 22,650,000 shares (Indirect, Investment Holding Company)
Footnotes (1)
FAQ
What does Koh Kuan Hua’s Form 3 filing show for UFG?
The Form 3 shows Koh Kuan Hua indirectly holds 22,650,000 Class B Ordinary Shares of Uni-Fuels Holdings Ltd. This is an initial ownership report, establishing his significant existing stake as director, Chief Executive Officer and a more than ten percent owner.
Is Koh Kuan Hua’s UFG Form 3 a buy or sell transaction?
The filing does not report a buy or sell; it records existing holdings. The entry is classified as a holding, with 22,650,000 Class B Ordinary Shares reported as indirectly owned through an investment holding company, rather than a new market trade.
Why is Koh Kuan Hua considered a ten percent owner of UFG?
He is classified as a more than ten percent owner because the 22,650,000 indirectly held Class B Ordinary Shares represent a large stake. This status, along with his roles as director and Chief Executive Officer, triggers the requirement to file a Form 3.