Insider Zhou Kai (WTF) discloses 40,980,000 Waton Financial shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Waton Financial Ltd director and Chief Technology Officer Zhou Kai has reported indirect beneficial ownership of 40,980,000 Ordinary Shares. These shares are held by WATON CORPORATION LIMITED, an exempted Cayman Islands company. Approximately 47.70% of Waton Corporation is held by Triumph Team Assets and 9.40% by Waton ESOP Holdings, with both entities, along with TZed Holding, ultimately 100% owned by Zhou Kai. As sole director of Waton Corporation, he holds the voting and dispositive power over the Ordinary Shares held by that entity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ZHOU KAI
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 40,980,000 shares (Indirect, By WATON CORPORATION LIMITED)
Footnotes (1)
- These shares are held by WATON CORPORATION LIMITED ("Waton Corporation"), an exempted company incorporated in the Cayman Islands, of which approximately 47.70% are held by TRIUMPH TEAM ASSETS LIMITED ("Triumph Team Assets") and approximately 9.40% are held by WATON ESOP HOLDINGS LTD ("Waton ESOP Holdings"). Each of Triumph Team Assets and Waton ESOP Holdings is 100% owned by TZed Holding Group Ltd. ("TZed Holding"). Waton Financial Limited's Chairman of the Board of Directors, and Chief Technology Officer, Mr. Zhou Kai, is the sole director of Waton Corporation and 100% owner of each of Triumph Team Assets, Waton ESOP Holdings and TZed Holding. Mr. Zhou Kai holds the voting powers (and dispositive powers) over the Ordinary Shares held by Waton Corporation. The registered address of Waton Corporation is Harneys Fiduciary (Cayman) Limited, 4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240, Grand Cayman KY1-1002, Cayman Islands. The registered address of each of Triumph Team Assets and Waton Esop Holdings is Harneys Corporate Services Limited, Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands. The registered address of TZed Holding is Start Chambers, Wickhams Cayt II, P.O. Box 2221, Road Town, Tortola, British Virgin Islands.
FAQ
What does Zhou Kai’s Form 3 for Waton Financial Ltd (WTF) show?
The Form 3 shows Zhou Kai’s indirect beneficial ownership of 40,980,000 Ordinary Shares of Waton Financial Ltd, held through WATON CORPORATION LIMITED and related holding entities he ultimately owns and controls.
Is Zhou Kai’s ownership in Waton Financial (WTF) direct or indirect?
His ownership is indirect. The 40,980,000 Ordinary Shares are registered to WATON CORPORATION LIMITED. Zhou Kai controls this structure via Triumph Team Assets, Waton ESOP Holdings, and TZed Holding, all ultimately 100% owned by him.
What roles does Zhou Kai hold at Waton Financial Ltd (WTF)?
Zhou Kai is identified as a director, an officer, and a ten percent owner of Waton Financial Ltd, serving as Chief Technology Officer while also controlling the entities that hold 40,980,000 Ordinary Shares.