SCHEDULE 13G: Key Individuals and Entities Disclose Significant Beneficial Ownership in WF Holding Limited

A Schedule 13G filing reveals that LYC Capital Private Limited, Yew Chean Lim, and Chee Hoong Lew collectively hold substantial beneficial ownership in WF Holding Limited, with Chee Hoong Lew controlling 68.3% of ordinary shares.

Summary

• LYC Capital Private Limited, a British Virgin Islands entity, reported beneficial ownership of 1,350,000 ordinary shares, representing 5.4% of WF Holding Limited's outstanding shares.
• Yew Chean Lim, a Malaysian citizen and Sole Director of LYC Capital Private Limited, also reported beneficial ownership of 1,350,000 ordinary shares, equivalent to 5.4% of the class, through her control over LYC Capital.
• Chee Hoong Lew, a Malaysian citizen and son of Yew Chean Lim, reported beneficial ownership of 17,203,320 ordinary shares, constituting 68.3% of the outstanding shares. This includes shares held by LYC Capital Private Limited and 15,853,320 shares held by Lew Capital Private Limited, where he is a Director.
• The total outstanding ordinary shares of WF Holding Limited as of May 15, 2025, were 25,190,000.
• The filing was made jointly by LYC Capital Private Limited, Yew Chean Lim, and Chee Hoong Lew, all sharing the principal business address in Shah Alam, Selangor, Malaysia.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the company's performance or prospects.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of significant beneficial ownership, common in the financial industry for transparency. It does not provide specific industry trends or competitive analysis.

Related Party Transactions

• Yew Chean Lim is the Sole Director of LYC Capital Private Limited and has sole voting and investment power over the shares held by it.
• Yew Chean Lim is the mother of Chee Hoong Lew, and accordingly, Chee Hoong Lew may be deemed an indirect beneficial owner of shares held directly by LYC Capital Private Limited.
• Chee Hoong Lew is a Director of Lew Capital Private Limited and shares voting and dispositive power over the 15,853,320 ordinary shares held by it.

Stakeholder Impact

• Shareholders: The disclosure of a significant beneficial ownership stake by a group, particularly Chee Hoong Lew's 68.3% control, indicates a highly concentrated ownership structure, which could influence corporate decisions and potentially limit the influence of minority shareholders.

Key Dates

Keywords

WF Holding Limited, Schedule 13G, Beneficial Ownership, LYC Capital Private Limited, Yew Chean Lim, Chee Hoong Lew, Ordinary Shares, SEC Filing, Corporate Control, Shareholding Disclosure