Primech Holdings (PMEC) CEO details 16.4M-share beneficial stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Primech Holdings Ltd filed an initial insider ownership report for Chief Executive Officer and director Ho Kin Wai, who is also a ten percent owner. He is deemed to beneficially own 16,400,268 Ordinary Shares indirectly through entities holding Sapphire Universe Holdings Limited. He also holds 15,500 Ordinary Shares directly and 3,000,000 Class B Preference Shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Ho Kin Wai
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Class B Preference Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 16,400,268 shares (Indirect, Refer to Footnote);
Ordinary Shares — 15,500 shares (Direct);
Class B Preference Shares — 3,000,000 shares (Direct)
Footnotes (1)
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FAQ
What does Primech Holdings (PMEC) Form 3 for Ho Kin Wai disclose?
The Form 3 discloses initial ownership for CEO and director Ho Kin Wai. It reports his indirect beneficial ownership of 16,400,268 Ordinary Shares, plus direct holdings of 15,500 Ordinary Shares and 3,000,000 Class B Preference Shares in Primech Holdings Ltd.
How is Ho Kin Wai’s indirect ownership in Primech Holdings (PMEC) structured?
His indirect ownership flows through entities that own Sapphire Universe Holdings Limited. Sapphire holds 29,287,500 Ordinary Shares of Primech. Through Bright Oracle Limited and Oriental Unicorn Limited, which own portions of Sapphire, Ho Kin Wai is deemed to beneficially own 16,400,268 Ordinary Shares.
Does the Primech (PMEC) Form 3 show any insider buying or selling by Ho Kin Wai?
The filing reports holdings only, not new transactions. It lists Ho Kin Wai’s direct and indirect beneficial ownership in Ordinary and Class B Preference Shares as of the filing, without indicating any recent purchases or sales of Primech Holdings securities.