Bong Lau Discloses Investment at Intelligent Living Application Group Inc. with 43.8% Stake

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2026.03.20 20:46
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Bong Lau, CEO and chairman of Intelligent Living Application Group Inc., disclosed a 43.8% ownership stake in the company through a Schedule 13D filing on March 20, 2026. This includes 200,000 Series A preferred shares and 1,000,000 Series B preferred shares, alongside 234,000 ordinary shares, reflecting significant voting power. The ownership aligns with his five-year employment agreement, emphasizing his role in the company's long-term performance and growth strategy. The figures account for a 1-for-10 share consolidation completed in December 2025.