SCHEDULE: Chan Kam Biu Richard Discloses Stake in Green Circle Decarbonize

Dr. Chan Kam Biu Richard has reported beneficial ownership of 49.4% of Green Circle Decarbonize Technology Ltd's ordinary shares as of March 31, 2026.

Summary

• Dr. Chan Kam Biu Richard, a citizen of Hong Kong, has filed a Schedule 13G indicating beneficial ownership of 6,360,000 ordinary shares of Green Circle Decarbonize Technology Ltd.
• This holding represents 49.4% of the company's issued and outstanding ordinary shares as of March 31, 2026.
• The shares are held indirectly through two British Virgin Islands companies: Green Circle Limited (1,080,000 shares) and Joyful Star Limited (5,280,000 shares), both of which are 100% owned by Dr. Chan.
• Dr. Chan possesses sole voting and dispositive power over all shares held by these entities.
• The filing is made under Rule 13d-1(b) of the Securities Exchange Act of 1934, indicating Dr. Chan is not a broker, dealer, bank, insurance company, investment company, investment adviser, employee benefit plan, endowment fund, savings association, church plan, or a group.
• The filing was signed by Dr. Chan Kam Biu Richard on May 5, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing neutrally as it is a standard disclosure of beneficial ownership and does not provide operational or financial performance information.

Positives

• Significant beneficial ownership of 49.4% by Dr. Chan Kam Biu Richard, indicating substantial control or influence.
• Clear disclosure of shareholdings through wholly-owned entities, providing transparency.
• The filing is up-to-date as of March 31, 2026, with the report filed on May 5, 2026.

Negatives

• The filing does not contain financial performance data, strategic updates, or operational details, limiting the assessment of the company's health.
• Information regarding the company's business activities or industry position is absent.

Risks

• Concentration of ownership in a single individual could lead to governance risks if not managed appropriately.
• Lack of detailed operational or financial information in this filing makes it difficult to assess underlying business risks.

Future Outlook

This filing is a Schedule 13G, which reports beneficial ownership and does not contain forward-looking statements or company guidance.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are typically made by institutional investors or individuals who acquire more than 5% of a company's voting stock. This filing indicates a significant concentration of ownership in Green Circle Decarbonize Technology Ltd by Dr. Chan Kam Biu Richard, which is common in early-stage or closely-held public companies.

Related Party Transactions

• The filing details that shares are held through Green Circle Limited and Joyful Star Limited, both of which are 100% owned by Dr. Chan Kam Biu Richard, indicating related party ownership structures.

Stakeholder Impact

• Shareholders: The significant ownership by Dr. Chan may influence corporate strategy and decision-making, potentially impacting minority shareholder interests.
• Management: The substantial stake could imply a strong influence on board appointments and executive decisions.

Next Steps

• Monitor future filings for any changes in Dr. Chan's ownership stake or for company-specific disclosures that provide operational and financial insights.

Key Dates

Keywords

Green Circle Decarbonize Technology Ltd, Schedule 13G, Chan Kam Biu Richard, Beneficial Ownership, Ordinary Shares, SEC Filing, Shareholder, Hong Kong