SCHEDULE: Alps Group Inc Discloses 9.46% Passive Stake
Beneficial Ownership Disclosure
Crystal Propel Sdn. Bhd. and Hock Keat Ong have disclosed a passive 9.46% beneficial ownership in Alps Group Inc.
Summary
- Crystal Propel Sdn. Bhd. and Hock Keat Ong, both based in Malaysia, have reported beneficial ownership of 15,750,454 Ordinary Shares of Alps Group Inc.
- This ownership represents 9.46% of the total outstanding Ordinary Shares of Alps Group Inc.
- The reporting persons hold shared voting power and shared dispositive power over all 15,750,454 shares.
- The filing indicates a passive investment, as the securities were not acquired or held for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently lead to a positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Disclosure of a significant passive stake by an external entity and individual may influence market perception and trading activity for Alps Group Inc. shares.
Key Dates
| Date | Description |
|---|---|
| 10/31/2025 | Date of event which requires the filing of this statement |
| 11/03/2025 | Signature date of the Schedule 13G filing |
Keywords
Alps Group Inc, Crystal Propel Sdn. Bhd., Hock Keat Ong, Beneficial Ownership, Schedule 13G, Ordinary Shares, Passive Investment, Institutional Investor, Equity Stake
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