Tuesday, January 29, 2008

Robin Li to report his 16% separately

Mostly owned through a corporation, Handsome
Rewards Limited, of which he is the sole owner
and director. His wife has 4.97% which has now
been separated out. That means Li isn't required
to report that anymore - in other words he is
free to sell upto 4.97% with no SEC notification,
and no way of us knowing.

The latest SEC filing
Previous 2/2007 filing

1 comment:

M said...

ITEM 2(c) CITIZENSHIP:

Robin Yanhong Li -- PRC

Handsome Reward Limited -- British Virgin Islands

Pretty clear here that his holding company is in the Virgin Islands