CEO Lee Chong Kuang Increases Stake in Greenpro Capital Corp. to 11.3% via Private Placement

On June 2, 2026, Lee Chong Kuang, the Chief Executive Officer, President, and Director of Greenpro Capital Corp. (GRNQ), filed a Schedule 13D/A reporting an increased stake in the company. According to the filing, Mr. Lee acquired 28,949 shares of common stock on May 29, 2026, through a private placement at a purchase price of $1.7272 per share, totaling an investment of $50,000 using personal funds. Following this transaction, Mr. Lee beneficially owns a total of 2,041,208 shares, representing approximately 11.3% of the issuer's outstanding common stock. This total includes 1,875,293 shares held directly and 165,915 shares held by his spouse, Yap Pei Ling, over which he shares voting and dispositive power. The purpose of the acquisition was for investment and to provide financial support for the company's operations. This amendment follows a previous ownership level of 11.16% (2,012,259 shares). Mr. Lee remains a significant insider and primary stakeholder in the Kuala Lumpur-based consulting services firm.