PCCW Media International Discloses 6.58M Share Stake in MoneyHero

TL;DR

**PCCW Media International just revealed a big 6.58M share stake in MoneyHero, signaling a potential bullish long-term play.**

AI Summary

PCCW Media International Ltd, a Hong Kong-based company, has disclosed a significant stake in MoneyHero Ltd, a Singaporean financial services company. As of December 31, 2023, PCCW Media International Ltd beneficially owns 6,577,459 Class A ordinary shares of MoneyHero Ltd, representing a substantial holding with both sole voting and sole dispositive power. This filing indicates a major institutional investor's confidence in MoneyHero, which could signal potential future collaboration or strategic influence, making it relevant for current and prospective shareholders.

Why It Matters

This filing reveals a major investor's significant stake in MoneyHero, which could influence the company's strategic direction and market perception.

Risk Assessment

Risk Level: low — This filing indicates a significant institutional investment, generally seen as a positive signal rather than a risk.

Analyst Insight

A smart investor would monitor MoneyHero's stock for potential positive price movement and look for any news regarding PCCW Media International's involvement or strategic initiatives.

Key Numbers

• 6,577,459 — Class A ordinary shares (Number of shares beneficially owned by PCCW Media International Limited)
• $0.0001 — par value per share (Par value of MoneyHero Limited's Class A ordinary shares)
• December 31, 2023 — Date of Event (The date that triggered the requirement for this filing)

Key Players & Entities

• PCCW Media International Limited (company) — Reporting Person, beneficial owner of shares
• MoneyHero Limited (company) — Name of Issuer, subject company of the filing
• Hong Kong (company) — Place of organization for PCCW Media International Limited
• Singapore (company) — Business address location for MoneyHero Ltd
• 07 Trade & Services (company) — Organization name associated with MoneyHero Ltd

Forward-Looking Statements

• PCCW Media International Limited may seek to influence MoneyHero's strategic decisions given its significant stake. (PCCW Media International Limited) — medium confidence, target: 12-24 months
• The market may react positively to this institutional investment, potentially boosting MoneyHero's stock price. (MoneyHero Limited) — medium confidence, target: 3-6 months

FAQ

Key Financial Figures

• $0.0001 — Class A ordinary shares, par value of $0.0001 per share (Title of Class of Securiti

Filing Documents

• d696241dsc13g.htm (SC 13G) — 34KB
• 0001193125-24-019392.txt ( ) — 36KB

(a)

Item 1(a). Name of Issuer: MoneyHero Limited.

(b)

Item 1(b). Address of Issuers Principal Executive Offices: 70 Shenton Way #18-15, EON Shenton, S079118 Singapore.

(a)

Item 2(a). Name of Person Filing: PCCW Media International Limited.

(b)

Item 2(b). Address of Principal Business Office, or, if none, Residence: The address of the principal business and principal office of PCCW Media International Limited is 41st Floor, PCCW Tower, Taikoo Place, 979 Kings Road, Quarry Bay, Hong Kong.

(c)

Item 2(c). Citizenship: PCCW Media International Limited is a company incorporated in Hong Kong with limited liability.

(d)

Item 2(d). Title of Class of Securities: Class A ordinary shares, par value $0.0001 per share, of the Issuer.

(e)

Item 2(e). CUSIP Number: G6202B 101. Item 3. If this statement is filed pursuant to 240.13d-1(b), or 240.13d -2(b) or (c), check whether the persons filing is a: Not applicable. Item 4. The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page and is incorporated herein by reference. PCCW Media International Limited is an indirect wholly-owned subsidiary of PCCW Limited, the shares of which are listed in Hong Kong. The board of directors of PCCW Limited has voting and investment power over the shares reported herein. Based on the public disclosure of PCCW Limited, Mr. Richard Li (Mr. Li) is the Chairman and an Executive Director of PCCW Limited. Mr. Li is the founder of certain trusts, including discretionary trusts in which he can influence how the trustees of such trusts exercise discretion. Through other entities that he directly or indirectly owns, and the trusts, Mr. Li has an interest in an aggregate of 2,464,133,358 shares of PCCW Limited (representing approximately 31.84% of PCCW Limited). The board of directors of PCCW Limited consists of Mr. Li, Susanna Hon Hing Hui, Edmund Sze Wing Tse, GBS, Yongbo Tang, Shusen Meng, Fang Wang, David Zhe Wei, Aman Mehta, Frances Waikwun Wong, Bryce Wayne Lee, Lars Eric Nils Rodert, David Christopher Chance and Sharhan Mohamed Muhseen Mohamed. Item 5. Not applicable. Item 6. Not applicable. CUSIP No. G6202B 101 13G Page 3 of 4 Pages Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person: Not applicable. Item 8. Identification and Classification of Members of the Group: Not applicable. Item 9. Notice of Dissolution of Group: Not applicable. Item 10. Certifications: Not applicable. CUSIP No. G6202B 101 13G Page 4 of 4 P

View Full Filing

View this SC 13G filing on SEC EDGAR