SEC Form 4 · accession 0001261725-18-000004
SeD Intelligent Home Inc. · WNHK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Heng Fai Ambrose Chan
Officer — Co-Chief Executive Officer · Director · 10% Owner
Singapore Edevelopment Ltd
10% Owner
Period of report
Jul 7, 2014
Accepted (ET)
Apr 24, 2018 · 5:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001503658
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 7, 2014 | P | 74,000,000 | $0.0005 | A | 74,015,730 | I | Through CloudBiz International Pte, Ltd. |
| Common StockF1 | Dec 22, 2016 | J | 74,015,730 | $0.00 | A | 74,015,730 | I | Through Singapore eDevelopment Limited |
| Common StockF2 | Dec 29, 2017 | P$0 | 630,000,000 | — | A | 704,015,730 | I | Through Singapore eDevelopment Limited |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 22, 2016, CloudBiz International Pte, Ltd., a Singapore limited company controlled by Mr. Fai H. Chan transferred 74,015,730 shares of the common stock of SeD Intelligent Home Inc. (formerly known as Homeownusa and referred to herein as the "Company") to Singapore eDevelopment Limited, a Singapore limited company also controlled by Mr. Fai H. Chan. Singapore eDevelopment Limited subsequently transferred these shares to its subsidiary SeD Home International, Inc.
- F2On December 29, 2017, the Company issued 630,000,000 shares of common stock to SeD Home International, Inc., a subsidiary of the Singapore eDevelopment Limited, in exchange for all of the issued and outstanding common stock of SeD Home Inc., a subsidiary of SeD Home International, Inc.
Remarks
On January 10, 2017, Mr. Fai H. Chan became a member of the Company's Board of Directors. On December 29, 2017, Mr. Chan became Co-Chief Executive Officer of the Company. As the controlling shareholder of Singapore eDevelopment Limited, Mr. Chan is deemed to have beneficial ownership of 704,015,730 shares of the Company's common stock held by a subsidiary of Singapore eDevelopment Limited.