Table I (Non-Derivative Securities)
- Sale : 189,251 shares
- Average Sale Price: $5.38
- Total Value: 189,251 * $5.38 β $1,018,396.22
- Post-Transaction Direct Holdings: FITTERS Diversified Berhad β 557,158 shares; Kua Khai Loon β 338,160 shares
- Indirect Holdings: None reported
- 10b5-1 Plan Used? No
π Summary
FITTERS Diversified Berhad and Kua Khai Loon, ten-percent owners at Bio Green Med Solution, Inc. (BGMS), sold a combined 189,251 shares on Oct 08, 2025, at an average price of $5.38, realizing proceeds of about ~$1,018,396. After the transactions, they now hold 557,158 shares (FITTERS); 338,160 shares (Kua). For retail traders, this is a neutral-to-slightly bearish event: insiders trimming positions, likely routine profit-taking.
π Interpretation
- Type: Discretionary β these insiders are 10% owners (not officers/directors) and filed standard Form 4 sales.
- Disposition: Shares were sold (transaction code S / disposed D) β sales executed rather than holdings increased.
- Size Context: Combined sale of 189,251 shares is meaningful in absolute terms but leaves both holders with substantial residual stakes (FITTERS 557k; Kua 338k), consistent with partial profit-taking rather than full exit.
- ATH Metric: The trades occurred in the ~$5.13β$6.22 range. With no live ATH/ATL pulled into this report, these prices do not appear to be extreme relative to the recent trade range shown in the filings and do not obviously coincide with an all-time high or low β not evidently opportunistic to historic peaks or troughs.
- Outlier Check: Not flagged as an extreme outlier in size given the remaining holdings shown; multiple modest-to-medium-sized sales across two filings but not a concentrated large dump.
π Bullish or Bearish?
Neutral β Slightly Bearish
Neutral β Slightly Bearish. Multiple 10% owners sold a combined 189,251 shares (transaction code S / disposition D), indicating discretionary profit-taking; insiders still retain sizable positions. The filings alone do not show coordinated cluster selling, and data appear complete for these transactions.
β
Bottom Line (Retail Takeaway)
This transaction looks like routine profit-taking rather than a definitive bearish signal. For retail traders, itβs noise β not a clear tradeable event in the short/mid term unless corroborated by large sales from multiple senior executives or additional cluster activity.