Reitar Logtech (RITR) director discloses large Class A and B stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Reitar Logtech Holdings Ltd director and major shareholder Yiu Chun Yip filed an initial Form 3 to report existing equity holdings. The filing shows indirect ownership through Smart Wealthy Investment Limited of 6,520,000 Class A ordinary shares and 3,260,000 Class B ordinary shares, establishing his status as a significant insider.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Yiu Chun Yip
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | CLASS A ORDINARY SHARE | -- | -- | -- |
| holding | CLASS B ORDINARY SHARE | -- | -- | -- |
Holdings After Transaction:
CLASS A ORDINARY SHARE — 6,520,000 shares (Indirect, SMART WEALTHY INVESTMENT LIMITED);
CLASS B ORDINARY SHARE — 3,260,000 shares (Indirect, SMART WEALTHY INVESTMENT LIMITED)
Footnotes (1)
Key Figures
Indirect Class A holdings: 6,520,000 shares
Indirect Class B holdings: 3,260,000 shares
Holding entries reported: 2 entries
+1 more
4 metrics
Indirect Class A holdings
6,520,000 shares
Class A Ordinary Share, total shares following transaction
Indirect Class B holdings
3,260,000 shares
Class B Ordinary Share, total shares following transaction
Holding entries reported
2 entries
Form 3 transaction summary holdingEntries
Unknown transaction records
2 records
transactionSummary unknownCount
Key Terms
Form 3, Class A ordinary share, Class B ordinary share, indirect ownership, +1 more
5 terms
Form 3 regulatory
"Reitar Logtech Holdings Ltd director and major shareholder Yiu Chun Yip filed an initial Form 3 to report existing equity holdings."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
indirect ownership financial
"The Form 3 shows Yiu Chun Yip’s existing indirect holdings in Reitar Logtech."
ten percent owner regulatory
"He is classified as a ten percent owner based on the size of his reported holdings."
FAQ
What does the Reitar Logtech (RITR) Form 3 filing show for Yiu Chun Yip?
The Form 3 shows Yiu Chun Yip’s existing indirect holdings in Reitar Logtech. It reports 6,520,000 Class A ordinary shares and 3,260,000 Class B ordinary shares held through Smart Wealthy Investment Limited, establishing him as a director and major shareholder.
What is Smart Wealthy Investment Limited’s role in the Reitar Logtech (RITR) Form 3?
Smart Wealthy Investment Limited is listed as the indirect owner of the reported shares. Both the 6,520,000 Class A and 3,260,000 Class B ordinary shares are attributed to this entity, reflecting Yiu Chun Yip’s holdings through it.
Why is Yiu Chun Yip considered a ten percent owner of Reitar Logtech (RITR)?
He is classified as a ten percent owner based on the size of his reported holdings. The combination of 6,520,000 Class A and 3,260,000 Class B ordinary shares held indirectly through Smart Wealthy Investment Limited indicates a significant ownership stake.