COO of INNEOVA (INEO) discloses indirect stakes in A and B shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
INNEOVA Holdings Ltd Chief Operating Officer Neo Ching Kiat filed an initial ownership report showing indirect stakes in the company. Securities are held by Soon Aik Global Pte. Ltd., where he owns 25%. Indirect holdings total 2,551,156 Class A Ordinary Shares and 1,000,000 Class B Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
NEO CHING KIAT
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 2,551,156 shares (Indirect, See Footnote);
Class B Ordinary Shares — 1,000,000 shares (Indirect, See Footnote)
Footnotes (1)
- Securities are held by Soon Aik Global Pte. Ltd. ("Soon Aik"), of which Mr. Neo Ching Kiat is a 25% shareholder, with the remaining shares of Soon Aik held by related parties. Securities are held by Soon Aik Global Pte. Ltd. ("Soon Aik"), of which Mr. Neo Ching Kiat is a 25% shareholder, with the remaining shares of Soon Aik held by related parties.
Key Figures
Indirect Class A holdings: 2,551,156 shares
Indirect Class B holdings: 1,000,000 shares
Soon Aik ownership stake: 25%
3 metrics
Indirect Class A holdings
2,551,156 shares
Class A Ordinary Shares indirectly owned via Soon Aik Global Pte. Ltd.
Indirect Class B holdings
1,000,000 shares
Class B Ordinary Shares indirectly owned via Soon Aik Global Pte. Ltd.
Soon Aik ownership stake
25%
Ownership of Soon Aik Global Pte. Ltd. by Neo Ching Kiat
Key Terms
Class A Ordinary Shares, Class B Ordinary Shares, indirect, Soon Aik Global Pte. Ltd., +1 more
5 terms
indirect financial
"direct_or_indirect": "I",
"nature_of_ownership": "See Footnote""
Soon Aik Global Pte. Ltd. financial
"Securities are held by Soon Aik Global Pte. Ltd. ("Soon Aik"), of which Mr. Neo Ching Kiat is a 25% shareholder"
FAQ
What does the INNEOVA (INEO) Form 3 filing by Neo Ching Kiat show?
The Form 3 shows that Chief Operating Officer Neo Ching Kiat reports indirect beneficial ownership of shares in INNEOVA Holdings Ltd through Soon Aik Global Pte. Ltd., reflecting his initial disclosure as an officer of the company.
Is Neo Ching Kiat’s ownership in INNEOVA (INEO) direct or indirect?
The Form 3 characterizes the holdings as indirect. The Class A and Class B Ordinary Shares are owned by Soon Aik Global Pte. Ltd., and the filing notes "See Footnote" for nature of ownership, indicating indirect beneficial ownership via this entity.
Does the INNEOVA (INEO) Form 3 show any insider buying or selling activity?
The Form 3 functions as an initial ownership report and does not show explicit buy or sell transactions. It lists holdings of Class A and Class B Ordinary Shares with indirect ownership through Soon Aik Global Pte. Ltd. rather than reporting new trades.