Li Peng Leck Amends Davis Commodities Filing

TL;DR

**Davis Commodities:** Li Peng Leck filed an amendment (No. 2) to their 13D filing on Dec 5, 2024.

AI Summary

Li Peng Leck filed an amendment (Amendment No. 2) to Schedule 13D on December 5, 2024, regarding Davis Commodities Limited. The filing concerns ordinary shares of the company, which is in the wholesale of farm product raw materials sector. The filing address is 10 Bukit Batok Crescent, #10-01, The Spire, Singapore.

Why It Matters

This filing indicates a change in the beneficial ownership or control of Davis Commodities Limited, which could impact the company's stock and strategic direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often signal significant changes in a company's ownership structure, which can lead to increased volatility and potential strategic shifts.

Key Players & Entities

• Li Peng Leck (person) — Filing person and authorized contact
• Davis Commodities Limited (company) — Subject company
• 0001683168-24-008579 (filing_id) — Accession number for the filing
• December 5, 2024 (date) — Date of event requiring filing
• Singapore (location) — Business and mailing address location

FAQ

Key Financial Figures

• $0.000000430108 — of Issuer) Ordinary shares, par value $0.000000430108 per share (Title of Class of Securiti

Filing Documents

• davis_sc13d.htm (SC 13D) — 66KB
• davis_ex9901.htm (EX-99.1) — 4KB
• davis_ex9902.htm (EX-99.2) — 3KB
• 0001683168-24-008579.txt ( ) — 74KB

Purpose of the Transaction

Item 4. Purpose of the Transaction.

of the Schedule 13D is supplemented by the following

Item 4 of the Schedule 13D is supplemented by the following: On the below referenced dates, LYTZ sold an aggregate amount of 2,090,000 Shares in market transactions as set forth below: Activity Date Shares Bought (Sold) Proceeds (Costs) (US$) December 5, 2024 (1,150,000) 747,500 December 5, 2024 (500,000) 325,000 December 5, 2024 (440,000) 286,000 On the below referenced dates, LPSP sold an aggregate amount of 780,050 Shares in market transactions as set forth below: Activity Date Shares Bought (Sold) Proceeds (Costs) (US$) December 5, 2024 (220,050) 143,032.50 December 5, 2024 (560,000) 364,000 5

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer This Amendment amends and restates Item 5 of the Schedule 13D, as amended in its entirety as set forth below: (a)-(b) Reporting Persons Beneficial Ownership Percentage of Total Ordinary Shares (1) Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power LPL 16,514,981 (2) 67.4% 0 16,514,981 (2) 0 16,514,981 (2) LPSP 1,458,281 (3) 5.95% 0 1,458,281 (3) 0 1,458,281 (3) (1) The beneficial ownership percentage is calculated based on 24,500,625 ordinary shares of the Issuer issued and outstanding as of the date hereof. (2) Represents the number of ordinary shares beneficially held by LPL as of the date hereof, including (i) 15,056,700 ordinary shares held through Davis & KT Holdings Pte. Ltd., in which LPL is considered the controlling person and holds 100% voting power over those shares, and (ii) 1,458,281 ordinary shares directly held by LPSP, who is the nephew of LPL. LPL shares voting and dispositive power over the ordinary shares held by LPSP. (3) Represents the number of ordinary shares held by LPSP as of the date hereof. LPL shares voting and dispositive power over the ordinary shares held by LPSP. (c) Except as set forth on Item 4(a) above, there have been no transactions with respect to the Shares during the sixty days prior to the date hereof by the Reporting Persons. (d) To the knowledge of the Reporting Persons, no person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of the ordinary shares. (e) As a result of the transactions described herein, on December 5, 2024, LYTZ ceased to be the beneficial owner of more than five percent of the Shares. This Amendment No. 2 represents constitutes an exit filing for LYTZ.

Materials to be Filed as Exhibits

Item 7. Materials to be Filed as Exhibits. Exhibit No. Description 99.1 JFA Termination Agreement, dated December 10, 2024 99.2 Joint Filing Agreement, dated December 10, 2024 6

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: December 10, 2024 By: /s/ Li Peng Leck Name: Li Peng Leck By: /s/ Lek Pow Sheng, Pauson Name: Lek Pow Sheng, Pauson By: /s/ Leck Yak Tee, Zaccheus Name: Leck Yak Tee, Zaccheus 7

View Full Filing

View this SC 13D filing on SEC EDGAR