Kwong Kin Yin Alfred Amends PS International Group Stake

Sentiment: neutral

Topics: 13D-A, ownership-change, sec-filing

TL;DR

Alfred Kwong updated his PS International Group stake filing. Watch this space.

AI Summary

Kwong Kin Yin Alfred has amended their Schedule 13D filing regarding PS International Group Limited. The filing, dated August 15, 2024, indicates a change in beneficial ownership of the company's ordinary shares. The specific details of the change in ownership percentage or number of shares are not explicitly stated in this excerpt, but the amendment signifies an update to their holdings.

Why It Matters

This filing amendment signals a potential shift in control or significant shareholder interest in PS International Group Limited, which could impact the stock's valuation and future corporate actions.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position, which can lead to increased volatility and uncertainty.

Key Players & Entities

FAQ

What specific change in beneficial ownership is reported in this SC 13D/A filing?

The filing is an amendment to a Schedule 13D, indicating a change in beneficial ownership, but the specific details of the change (e.g., number of shares, percentage) are not provided in this excerpt.

Who is the subject company of this filing?

The subject company is PS International Group Limited.

Who is the individual filing this amendment?

The individual filing this amendment is Kwong Kin Yin Alfred.

What is the CUSIP number for the securities involved?

The CUSIP number for the Ordinary Shares of PS International Group Limited is G7308J 105.

What is the date of the event that required this filing amendment?

The date of the event which requires filing of this statement is August 15, 2024.

Filing Stats: 1,070 words · 4 min read · ~4 pages · Grade level 11.4 · Accepted 2024-08-30 13:45:42

Key Financial Figures

Filing Documents

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer (a) The responses to Items 11 and 13 of the cover pages to this Amendment No. 1 are incorporated therein. (b) The responses to Items 7 to 10 of the cover pages to this Amendment No. 1 are incorporated therein. (c) During the past 60 days, the transactions of the Ordinary Shares of PS International Group Limited set forth below were effected for Active Move Group Holdings Limited’s account at Tiger Brokers in the open market. Each day’s sales comprised open market transactions made on that day, and the price per share reported for each sale is the weighted average sales price. Active Move Group Holdings Limited and Mr. Kin Yin Alfred Kwong will provide upon request of the SEC staff the full information regarding the number of shares sold at each separate price. Date of transaction Number of shares sold Average price per share August 13, 2024 10,200 $ $1.85 August 14, 2024 370,200 $ $2.26 August 15, 2024 24,600 $ $2.59 Total Number of Shares Sold: 405,000 Ordinary Shares Date of transaction Number of shares bought Average price per share August 14, 2024 5,000 $ $2.35 August 15, 2024 8,400 $ $1.80 August 17, 2024 200 $ $1.50 Total Number of Shares Bought: 13,600 Ordinary Shares 4 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. Dated: August 30, 2024 Active Move Group Holdings Limited By: /s/ Kin Yin Alfred Kwong Name: Kin Yin Alfred Kwong Title: Director Kin Yin Alfred Kwong /s/ Kin Yin Alfred Kwong 5

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