Chun Yen Lim Reports 3.6% Ownership Stake in GIBO Holdings Ltd via Class B Shares
On May 15, 2026, Chun Yen Lim, the Chairman of the Board of Directors for GIBO Holdings Ltd, filed a Schedule 13G/A reporting a 3.6% ownership stake in the company. The filing indicates that Lim beneficially owns 2,371,870 Class B ordinary shares, which are convertible on a one-for-one basis into Class A ordinary shares. These Class B shares carry significant voting power, with 20 votes per share compared to one vote per Class A share. The calculation of the 3.6% ownership is based on a total of 65,117,623 ordinary shares, assuming the conversion of all outstanding Class B shares. This filing marks an increase from a previous 0% position, as noted in the supplemental data. The reporting person, a Malaysian citizen, maintains sole voting and dispositive power over these shares. GIBO Holdings Ltd is headquartered in Kuala Lumpur, Malaysia. This amendment reflects the reporting person's status as a significant shareholder following the event date of March 31, 2026.