WF Holding (WFF) CEO Lew Chee Hoong details large indirect shareholdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
WF Holding Ltd director and Chief Executive Officer Lew Chee Hoong filed an initial statement of beneficial ownership. The filing reports indirect holdings of 15,853,320 Ordinary Shares held by Lew Capital Private Limited and 1,350,000 Ordinary Shares held by LYC Capital Private Limited.
The filing states that Lew shares voting and investment power over the shares held by Lew Capital Private Limited, while his mother, Yew Chean Lim, has voting and investment power over the shares held by LYC Capital Private Limited. Lew disclaims beneficial ownership of both blocks of shares except to the extent of his pecuniary interest in them.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lew Chee Hoong
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 15,853,320 shares (Indirect, Held by Lew Capital Private Limited)
Footnotes (1)
- The Reporting Person is a director of Lew Capital Private Limited and shares voting and investment power over the shares held by it. The Reporting Person disclaims beneficial ownership of the shares held by Lew Capital Private Limited except to the extent of his pecuniary interest, if any, in such shares. The Reporting Person's mother, Yew Chean Lim, is the sole member and director of LYC Capital Private Limited and has voting and investment power over the shares held by it. The Reporting Person disclaims beneficial ownership of the shares held by LYC Capital Private Limited except to the extent of his pecuniary interest, if any, in such shares.
FAQ
What does Lew Chee Hoong’s Form 3 for WF Holding Ltd (WFF) report?
The Form 3 reports Lew Chee Hoong’s initial indirect ownership in WF Holding Ltd. It shows large blocks of Ordinary Shares held through Lew Capital Private Limited and LYC Capital Private Limited, with detailed disclosures on voting power and beneficial ownership disclaimers.
Why does the WF Holding Ltd (WFF) Form 3 include beneficial ownership disclaimers?
The filing includes disclaimers because the shares are held by Lew Capital Private Limited and LYC Capital Private Limited. It clarifies that Lew disclaims beneficial ownership of those shares, except to the extent of his pecuniary interest, which helps define his economic stake more precisely.
What roles does Lew Chee Hoong hold at WF Holding Ltd (WFF) in this filing?
The Form 3 identifies Lew Chee Hoong as a director, Chief Executive Officer, and a ten percent owner of WF Holding Ltd. These roles explain why he must report his indirect shareholdings and provide detailed ownership and control information to the market.