Teng & Pleione Disclose 6.54% Passive Stake in Himax Technologies

TL;DR

**Whei-Lan Teng and Pleione Technology now own 6.54% of Himax Technologies, a significant passive stake.**

AI Summary

Whei-Lan Teng, a Hong Kong citizen, and Pleione Technology Investment Pte. Ltd., a Singaporean entity, have jointly filed an amended SC 13G/A for Himax Technologies, Inc. as of December 31, 2023. Teng beneficially owns 22,847,370 ordinary shares, representing 6.54% of the company, while Pleione Technology Investment Pte. Ltd. holds 5,434,918 shares. This filing indicates a significant passive ownership stake by these entities, which could influence future corporate decisions or provide a stable shareholder base for Himax Technologies.

Why It Matters

This filing confirms a substantial passive ownership stake in Himax Technologies, which can provide stability or signal confidence from these investors, potentially influencing market perception.

Risk Assessment

Risk Level: low — This filing indicates a passive ownership stake, which generally poses a low risk to current shareholders as it doesn't suggest an activist intent.

Analyst Insight

Investors should note the significant, passive ownership stake by Whei-Lan Teng and Pleione Technology Investment Pte. Ltd., which suggests long-term confidence without immediate activist intentions. This could be a positive signal for stability but doesn't imply any imminent strategic changes.

Key Numbers

• 22,847,370 — Ordinary Shares (beneficially owned by Whei-Lan Teng)
• 6.54% — Percent of Class (represented by Whei-Lan Teng's beneficial ownership in Himax Technologies)
• 5,434,918 — Ordinary Shares (beneficially owned by Pleione Technology Investment Pte. Ltd.)
• US$0.3 — par value per share (of Himax Technologies Ordinary Shares)

Key Players & Entities

• Whei-Lan Teng (person) — reporting person, beneficial owner of Himax Technologies shares
• Pleione Technology Investment Pte. Ltd. (company) — reporting person, beneficial owner of Himax Technologies shares
• Himax Technologies, Inc. (company) — the subject company whose shares are being reported
• CORENMAR INVESTMENT LTD (company) — group member
• RENMAR FINANCE LTD (company) — group member

Forward-Looking Statements

• The significant passive stake held by Whei-Lan Teng and Pleione Technology Investment Pte. Ltd. will likely lead to a stable shareholder base for Himax Technologies. (Himax Technologies, Inc.) — medium confidence, target: 2025-12-31

FAQ

Key Financial Figures

• $0.3 — Issuer) Ordinary Shares, par value US$0.3 per share (Title of Class of Securiti

Filing Documents

• sc13ga_020724.htm (SC 13G/A) — 56KB
• 0001171843-24-000642.txt ( ) — 58KB

(a). Name of Issuer

Item 1(a). Name of Issuer . Himax Technologies, Inc.

(b). Address of Issuer’s Principal Executive Offices

Item 1(b). Address of Issuer’s Principal Executive Offices . The address of the principal executive offices of Himax Technologies, Inc. is No. 26, Zih Lian Road, Sinshih District, Tainan City 74148, Taiwan, the Republic of China.

(a). Name of Person Filing

Item 2(a). Name of Person Filing . Whei-Lan Teng Pleione Technology Investment Pte. Ltd. Renmar Finance Limited Corenmar Investment Limited

(b). Address of Principal Business Office or, if None, Residence

Item 2(b). Address of Principal Business Office or, if None, Residence . The address of the principal business office of Whei-Lan Teng is House 39, Cedar Drive, 18 Pak Pat Shan Road, Tai Tam, Hong Kong. The address of the principal business office of Pleione Technology Investment Pte. Ltd. is 600 North Bridge Road, #12-10, Parkview Square, Singapore 188778. The address of the principal business office of Renmar Finance Limited is P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands. The address of the principal business office of Corenmar Investment Limited is P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands.

(c). Citizenship

Item 2(c). Citizenship . Whei-Lan Teng is a citizen of Hong Kong Special Administrative Region. Pleione Technology Investment Pte. Ltd. is incorporated under the laws of Singapore. Renmar Finance Limited is incorporated under the laws of the British Virgin Islands. Corenmar Investment Limited is incorporated under the laws of the British Virgin Islands.

(d). Title of Class of Securities

Item 2(d). Title of Class of Securities . Ordinary shares, par value US$0.3 per share (the “Shares”).

(e). CUSIP Number

Item 2(e). CUSIP Number . 43289P106

If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether

Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a : (a) [_] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [_] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) [_] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); (e) [_] An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) [_] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); (j) [_] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); (k) [_] Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ___________

Ownership

Item 4. Ownership . (a), (b) and (c) Whei-Lan Teng beneficially owns 5,434,918 Shares through Renmar Finance Limited, a wholly owned subsidiary of Pleione Technology Investment Pte. Ltd. Both of the entities are investment companies controlled by Whei-Lan Teng. In addition, Whei-Lan Teng, may be attributed beneficial ownership of 17,412,452 Shares held in trust by Corenmar Investment Limited for the benefit of her children. Whei-Lan Teng therefore may be deemed to have shared power to vote or dispose of 22,847,370 Shares. Accordingly, Whei-Lan Teng may be deemed to beneficially own an aggregate of 22,847,370 Shares, representing approximately 6.54% of the outstanding Shares. Pleione Technology Investment Pte. Ltd. may be deemed to beneficially own 5,434,918 Shares as its wholly owned subsidiary, Renmar Finance Limited, is the record holder of 5,434,918 Shares. 5,434,918 Shares represents approximately 1.56% of the outstanding Shares as of December 31, 2023. Renmar Finance Limited directly owns and has shared power to vote and dispose of 5,434,918 Shares, representing approximately 1.56% of the outstanding Shares as of December 31, 2023. Corenmar Investment Limited directly owns and has shared power to vote and dispose of 17,412,452 Shares, representing approximately 4.98% of the outstanding Shares as of December 31, 2023. All of the percentages above are calculated based on the total number of Shares outstanding of 349,448,102 as of December 31, 2023.

Ownership of Five Percent or Less of the Class

Item 5. Ownership of Five Percent or Less of the Class . Not applicable.

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person . Not applicable.

Identification and Classification of the Subsidiary Which Acquired the Security Being

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company . Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group . Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group . Not applicable.

Certification

Item 10. Certification . Not applicable. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 7, 2024 By: /s/ Whei-Lan Teng Name: Whei-Lan Teng PLEIONE TECHNOLOGY INVESTMENT PTE. LTD. By: /s/ Whei-Lan Teng Name: Whei-Lan Teng Title: Director RENMAR FINANCE LIMITED By: /s/ Whei-Lan Teng Name: Whei-Lan Teng Title: Director CORENMAR INVESTMENT LIMITED By: /s/ Whei-Lan Teng Name: Whei-Lan Teng Title: Director Exhibit A JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned agrees that a statement on Schedule 13G with respect to the ordinary share of Himax Technologies, Inc. is filed on behalf of it and all subsequent amendments to this statement on Schedule 13G may be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. In evidence there of, each of the undersigned hereby executed this agreement on February 7, 2024. By: /s/ Whei-Lan Teng Name: Whei-Lan Teng PLEIONE TECHNOLOGY INVESTMENT PTE. LTD. By: /s/ Whei-Lan Teng Name: Whei-Lan Teng Title: Director RENMAR FINANCE LIMITED By: /s/ Whei-Lan Teng Name: Whei-Lan Teng Title: Director CORENMAR INVESTMENT LIMITED By: /s/ Whei-Lan Teng Name: Whei-Lan Teng Title: Director

View Full Filing

View this SC 13G/A filing on SEC EDGAR