ShareholdingJul 6, 2026, 07:26 AM
Greenpro Capital CEO Buys $100K in Stock, Stake Rises to 10.71%
AI Summary
Greenpro Capital Corp. announced a private placement where its CEO, Lee Chong Kuang, purchased 65,591 shares of common stock for $100,000. This transaction, completed on June 30, 2026, increased Mr. Lee's direct ownership to 10.71% of the company's outstanding common stock. Combined with his spouse, their total stake is approximately 11.62%. The company plans to use the proceeds for operating capital.
Key Highlights
- Greenpro Capital Corp. completed a private placement of 65,591 common shares.
- CEO Lee Chong Kuang purchased the shares at $1.5246 per share for $100,000.
- Following the offering, CEO Lee Chong Kuang holds 1,940,884 shares, representing 10.71% of outstanding common stock.
- CEO Lee and spouse Yap Pei Ling collectively hold 2,106,799 shares, or approximately 11.62%.
- The company intends to use the $100,000 proceeds for operating capital.
- The shares were issued under exemptions from registration via Section 4(a)(2) and Regulation D/S.
Price Impact
More from GRNQ