SC 13G: New Oriental Education & Technology Group Inc.
Ticker: NWOEF · Form: SC 13G · Filed: Jul 5, 2024 · CIK: 1372920
| Field | Detail |
|---|---|
| Company | New Oriental Education & Technology Group INC. (NWOEF) |
| Form Type | SC 13G |
| Filed Date | Jul 5, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by New Oriental Education & Technology Group Inc..
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G filing submitted by New Oriental Education & Technology Group INC. (ticker: NWOEF) to the SEC on Jul 5, 2024.
What is the risk level of this SC 13G filing?
This filing has been assessed as low risk.
What are the key financial figures in this filing?
Key dollar amounts include: $0.001 (e of Issuer) Common shares par value US$0.001 per share (Title of Class of Securitie).
How long is this filing?
New Oriental Education & Technology Group INC.'s SC 13G filing is 4 pages with approximately 1,084 words. Estimated reading time is 4 minutes.
Where can I view the full SC 13G filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 1,084 words · 4 min read · ~4 pages · Grade level 13.1 · Accepted 2024-07-05 14:51:10
Key Financial Figures
- $0.001 — e of Issuer) Common shares par value US$0.001 per share (Title of Class of Securitie
Filing Documents
- ef20032150_sc13g.htm (SC 13G) — 49KB
- 0001140361-24-032496.txt ( ) — 51KB
(a) Name of Issuer
Item 1(a) Name of Issuer New Oriental Education & Technology Group Inc.
(b) Address of Issuer's Principal Executive Offices
Item 1(b) Address of Issuer's Principal Executive Offices No. 6 Hai Dian Zhong Street Haidian District Beijing 100080, People's Republic of China
(a) Name of Persons Filing
Item 2(a) Name of Persons Filing GIC Private Limited ("GIC")
(b) Address of Principal Business Office or, if none, Residence
Item 2(b) Address of Principal Business Office or, if none, Residence 168 Robinson Road #37-01 Capital Tower Singapore 068912
(c) Citizenship
Item 2(c) Citizenship Singapore
(d) Title of Class of Securities
Item 2(d) Title of Class of Securities Common shares, par value US$0.001 per share
(e) CUSIP Number
Item 2(e) CUSIP Number 647581206 I tem 3 If this statement is filed pursuant to 240.13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: Not applicable.
Ownership
Item 4 Ownership (a - c) The aggregate number of securities and percentage of the class of securities of the Issuer beneficially owned by the Reporting Person named in Item 2(a), as well as the number of securities as to which such person is deemed to have sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, shared power to dispose or direct the disposition, is set forth in the following tables: Reporting Person No. of Securities Beneficially Owned Percent of Class (3) Voting Power Dispositive Power Sole (4), (5) Shared (4), (5) Sole (4), (5) Shared (4), (5) GIC Private Limited 82,282,305 5.03 72,369,822 10,912,483 72,369,822 10,912,483 (4) GIC is a fund manager and only has 2 clients – the Government of Singapore ("GoS") and the Monetary Authority of Singapore ("MAS"). Under the investment management agreement with GoS, GIC has been given the sole discretion to exercise the voting rights attached to, and the disposition of, any shares managed on behalf of GoS. As such, GIC has the sole power to vote and power to dispose of the 72,369,822 securities beneficially owned by it. GIC shares power to vote and dispose of 10,912,483 securities beneficially owned by it with MAS. GIC is wholly owned by the GoS and was set up with the sole purpose of managing Singapore's foreign reserves. The GoS disclaims beneficial ownership of such shares. (5) GIC disclaims membership in a group. SCHEDULE 13G CUSIP No. 647581206 Page 4 of 5 Pages
Ownership of Five Percent or Less of a Class
Item 5 Ownership of Five Percent or Less of a 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. 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.
Certifications
Item 10 Certifications By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. SCHEDULE 13G CUSIP No. 647581206 Page 5 of 5 Pages 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 as dated. GIC PRIVATE LIMITED By: /s/ Diane Liang Weishan Name: Diane Liang Weishan Title: Senior Vice President Date: July 4, 2024 By: /s/ Toh Tze Meng Name: Toh Tze Meng Title: Senior Vice President Date: July 5, 2024