CEO Seng Tham, Alps Group Inc's (NASDAQ:ALPS) largest shareholder sees value of holdings go down 12% after recent drop

Simplywall
2025.12.12 11:30
portai
I'm PortAI, I can summarize articles.

Alps Group Inc (NASDAQ:ALPS) experienced a 12% drop in share price, significantly affecting its largest shareholder, CEO Seng Tham, who holds a 46% stake. Insiders, owning 57% of the company, suffered the most losses. The lack of institutional ownership is notable, with the general public holding 34% and private companies 9.5%. The company's earnings and revenue may not attract institutional investors, and there is no current analyst coverage. This insider ownership gives them effective control over the company.