SCHEDULE: Kwan Ngai Divests AsiaStrategy Stake
Beneficial Ownership Report (Amendment)
Kwan Ngai reports zero beneficial ownership in AsiaStrategy after selling a controlling interest in Pride River Limited.
Summary
- Kwan Ngai, the Reporting Person, no longer beneficially owns any Ordinary Shares of AsiaStrategy.
- This change resulted from Kwan Ngai entering into agreements to sell the majority and controlling interest in Pride River Limited.
- Pride River Limited previously held 14,450,000 Ordinary Shares of AsiaStrategy.
- Kwan Ngai's beneficial ownership is now 0 Ordinary Shares, representing 0% of the class.
- The percentage of class is calculated based on 24,864,000 ordinary shares of AsiaStrategy issued and outstanding as of July 1, 2025.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of a change in beneficial ownership, providing no basis for positive or negative sentiment regarding the company's performance or outlook.
Stakeholder Impact
- Shareholders: A significant change in beneficial ownership could alter the company's control structure and influence future strategic decisions.
Key Dates
| Date | Description |
|---|---|
| 2025-07-01 | Date as of which 24,864,000 ordinary shares of the Issuer were issued and outstanding, used for percentage calculation. |
| 2025-08-06 | Date the Issuer's current report on Form 6-K was furnished to the SEC, reporting outstanding shares. |
| 2025-11-14 | Date of event which requires filing of this statement and date of signature. |
Keywords
AsiaStrategy, Kwan Ngai, Beneficial Ownership, Schedule 13G, Divestment, Pride River Limited, Ordinary Shares
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