0001683168-24-000548.txt : 20240130 0001683168-24-000548.hdr.sgml : 20240130 20240130142959 ACCESSION NUMBER: 0001683168-24-000548 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240130 DATE AS OF CHANGE: 20240130 GROUP MEMBERS: DAVIS & KT HOLDINGS PTE. LTD. GROUP MEMBERS: LI PENG LECK SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DAVIS COMMODITIES Ltd CENTRAL INDEX KEY: 0001949478 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-FARM PRODUCT RAW MATERIALS [5150] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-94311 FILM NUMBER: 24577407 BUSINESS ADDRESS: STREET 1: 10 BUKIT BATOK CRESCENT #10-01 THE SPIRE CITY: SINGAPORE STATE: U0 ZIP: 658079 BUSINESS PHONE: 65-6893 5333 MAIL ADDRESS: STREET 1: 10 BUKIT BATOK CRESCENT #10-01 THE SPIRE CITY: SINGAPORE STATE: U0 ZIP: 658079 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Leck Li Peng CENTRAL INDEX KEY: 0001949400 ORGANIZATION NAME: FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 10 BUKIT BATOK CRESCENT #10-01 THE SPIRE CITY: SINGAPORE STATE: U0 ZIP: 658079 SC 13G 1 davis_leck-sc13g.htm SCHEDULE 13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*

Davis Commodities Limited

(Name of Issuer)

Ordinary shares, par value $0.000000430108 per share

(Title of Class of Securities)

G2677P105

(CUSIP Number)

December 31, 2023

(Date of Event Which Requires Filing of This Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

	☐	Rule 13d-1(b)

	☐	Rule 13d-1(c)

	☒	Rule 13d-1(d)

*	The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No.

G2677P105

Page 1 of 6

1.	Names of Reporting Persons Davis & KT Holdings Pte. Ltd.
2.	Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
3.	SEC Use Only
4.	Citizenship or Place of Organization Singapore

Number of Shares

Beneficially

Owned by

Each Reporting

Person With:

Sole Voting Power

Shared Voting Power

15,056,700

Sole Dispositive Power

Shared Dispositive Power

15,056,700

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 15,056,700
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
11.	Percent of Class Represented by Amount in Row (9) 61.5%*
12.	Type of Reporting Person FI

*	Percentage of class is calculated based on 24,500,625 ordinary shares outstanding as of December 31, 2023, which information was provided by the Issuer to the Reporting Persons on December 31, 2023.

CUSIP No.

G2677P105

Page 2 of 6

1.	Names of Reporting Persons Li Peng Leck*
2.	Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
3.	SEC Use Only
4.	Citizenship or Place of Organization Singapore

Number of Shares

Beneficially

Owned by

Each Reporting

Person With:

Sole Voting Power

Shared Voting Power

15,056,700

Sole Dispositive Power

Shared Dispositive Power

15,056,700

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 15,056,700
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
11.	Percent of Class Represented by Amount in Row (9) 61.5%**
12.	Type of Reporting Person IN

*	Represents 15,056,700 ordinary shares held through Davis & KT Holdings Pte. Ltd., which is 100% owned by Li Peng Leck, as of December 31, 2023.

**	Percentage of class is calculated based on 24,500,625 ordinary shares outstanding as of December 31, 2023, which information was provided by the Issuer to the Reporting Persons on December 31, 2023.

CUSIP No.

G2677P105

Page 3 of 6

ITEM 1.

(a) Name of Issuer: Davis Commodities Limited

(b) Address of Issuer’s Principal Executive Offices: 10 Bukit Batok Crescent, #10-01, The Spire, Singapore 658079

ITEM 2.

2(a) Name of Person Filing:

(i) Davis & KT Holdings Pte. Ltd.

(ii) Li Peng Leck

2(b) Address of Principal Business Office, or if None, Residence:

(i) Davis & KT Holdings Pte. Ltd.

10 Bukit Batok Crescent, #10-01, The Spire, Singapore 658079

(ii) Li Peng Leck

90 Chun Tin Road Singapore 599666

2(c) Citizenship:

(i) Davis & KT Holdings Pte. Ltd.

Singapore

(ii) Li Peng Leck

Singapore

2(d) Title of Class of Securities:

Ordinary shares, par value $0.000000430108 per share

2(e) CUSIP Number:

G2677P105

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

Not Applicable.

ITEM 4. OWNERSHIP.

The information requested in these paragraphs is incorporated herein by reference to the cover pages to this Schedule 13G.

CUSIP No.

G2677P105

Page 4 of 6

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

Not applicable.

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

Not applicable.

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

Not applicable.

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

Not applicable.

ITEM 9. NOTICE OF DISSOLUTION OF GROUP.

Not applicable.

ITEM 10. CERTIFICATIONS.

Not applicable.

CUSIP No.

G2677P105

Page 5 of 6

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: January 30, 2024

		Davis & KT Holdings Pte. Ltd.
	By:	/s/ Li Peng Leck
	Name:	Li Peng Leck
	Title:	Director

	By:	/s/ Li Peng Leck
	Name:	Li Peng Leck

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

CUSIP No.

G2677P105

Page 6 of 6

LIST OF EXHIBITS

Exhibit No.		Description
99.1		Joint Filing Agreement

EX-99.1 2 davis_leck-ex9901.htm JOINT FILING AGREEMENT

Exhibit 99.1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the ordinary shares, par value of US$0.000000430108 per share, of Davis Commodities Limited, a Cayman Islands exempted company, and that this Agreement may be included as an exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of January 30, 2024.

		Davis & KT Holdings Pte. Ltd.
	By:	/s/ Li Peng Leck
	Name:	Li Peng Leck
	Title:	Director

	By:	/s/ Li Peng Leck
	Name:	Li Peng Leck