Zenta Group (ZGM) COO discloses 1.28M shares via Ione Group
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Zenta Group Co Ltd director and Chief Operating Officer Sou Weng Seng filed an initial ownership report. The filing shows indirect beneficial ownership of 1,283,520 Class A Ordinary Shares held by Ione Group Company Limited, reflecting his 24% shareholding in that entity. No new buy or sell transactions are reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sou Weng Seng
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 1,283,520 shares (Indirect, By Ione Group Company Limited)
Footnotes (1)
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FAQ
What does Sou Weng Seng’s Form 3 filing for ZGM show?
The Form 3 shows Sou Weng Seng’s initial beneficial ownership in Zenta Group Co Ltd. He indirectly owns 1,283,520 Class A Ordinary Shares through Ione Group Company Limited, where he holds a 24% stake, with no new share purchases or sales disclosed.
Why is Sou Weng Seng considered a 10% owner of Zenta Group (ZGM)?
He is classified as a ten percent owner because his indirect beneficial interest in Zenta Group exceeds that threshold. The holding of 1,283,520 Class A Ordinary Shares through Ione Group Company Limited results in ownership above 10%, triggering Form 3 reporting requirements.