A Schedule 13G was filed on October 29, 2026, jointly by A Max Holding Limited, 3 Diamonds VCC (for and on behalf of its sub-fund, 8 Capital Global Equities Fund), 8 Capital Asset Management Pte. Ltd., and Heng Hwa Liang, disclosing beneficial ownership of 25,000,000 Class A Ordinary Shares of BUUU Group Ltd as of October 26, 2026.
Key Highlights
- Reporting persons: Four parties filed jointly: A Max Holding Limited, 3 Diamonds VCC (8 Capital Global Equities Fund), 8 Capital Asset Management Pte. Ltd., and individual Heng Hwa Liang.
- Shares disclosed: Each reporting person may be deemed to beneficially own 25,000,000 Class A Ordinary Shares, held of record by A Max Holding Limited.
- Ownership percentage: The 25,000,000 shares represent approximately 16.80% of the issuer's outstanding Class A Ordinary Shares.
- Shares outstanding basis: The percentage is based on 148,780,000 Class A Ordinary Shares issued and outstanding as of October 25, 2026, as provided by the issuer.
- Voting and dispositive power: No reporting person holds sole voting or dispositive power; all 25,000,000 shares are subject to shared voting and shared dispositive power only.
- Key individual: Heng Hwa Liang is the sole director of A Max Holding Limited, a director and managing director of 3 Diamonds VCC, and a director and sole shareholder of 8 Capital Asset Management Pte. Ltd.
Structure of the 8 Capital Group's Ownership in BUUU Group Ltd
According to the filing, A Max Holding Limited, incorporated in the British Virgin Islands, is the record holder of all 25,000,000 Class A Ordinary Shares of BUUU Group Ltd (NASDAQ:BUUU). 3 Diamonds VCC, a Singapore-incorporated entity acting for and on behalf of its sub-fund, 8 Capital Global Equities Fund, holds all of the issued shares of A Max Holding Limited. As a result, 3 Diamonds VCC is deemed to beneficially own the same 25,000,000 shares held of record by A Max Holding Limited.
The filing further discloses that 8 Capital Asset Management Pte. Ltd., also incorporated in Singapore, serves as the manager of 3 Diamonds VCC and "exercises voting and investment discretion over the assets of 8 Capital Global Equities Fund." The filing states that 8 Capital Asset Management Pte. Ltd. "disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein." Similarly, Heng Hwa Liang, a Singapore citizen, is identified as the sole director of A Max Holding Limited, a director and managing director of 3 Diamonds VCC, and the director and sole shareholder of 8 Capital Asset Management Pte. Ltd. Because of these roles, the filing states he may be deemed to beneficially own the shares, though he also "disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein."
All four reporting persons entered into a Joint Filing Agreement, attached as Exhibit A to the Schedule 13G, agreeing to file jointly in accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934. The filing certifies that the securities "were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."
What Was Disclosed
Four reporting persons jointly filed a Schedule 13G disclosing shared beneficial ownership of 25,000,000 Class A Ordinary Shares of BUUU Group Ltd, equal to approximately 16.80% of the 148,780,000 shares outstanding as of October 25, 2026, with no sole voting or dispositive power held by any reporting person.



Please wait processing your request...