Ho Kin Wai Increases Stake in Primech Holdings Ltd.
Ho Kin Wai, CEO and Director of Primech Holdings Ltd., has increased his beneficial ownership of the company's securities. The filing indicates that as of March 13, 2026, Ho Kin Wai holds 16,400,268 Ordinary Shares indirectly through various holding companies, and an additional 15,500 Ordinary Shares directly. Furthermore, he acquired 3,000,000 Class B Preference Shares on the same date. These Class B Preference Shares are convertible into Ordinary Shares on a one-for-one basis and carry ten votes per share, compared to one vote per share for Ordinary Shares. This brings Ho Kin Wai's total direct and indirect ownership to 19,415,768 shares, representing 46.88% of the outstanding securities. The filing states that Ho Kin Wai has no current plans for further transactions or changes to the company's management or operations, but reserves the right to reconsider his position. He has not been involved in any criminal or civil proceedings in the past five years.