UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

 

HomesToLife Ltd
(Name of Issuer)
 
Ordinary Shares
(Title of Class of Securities)
 
G45806 109
(CUSIP Number)
 
September 30, 2024
(Date of Event Which Requires Filing of the 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. G45806 109 13G Page 2 of 8 Pages

 

1.

NAME OF REPORTING PERSONS

 

Golden Hill Capital Ltd.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

 

(a) ☐

(b) ☐

Not applicable

3.

SEC ONLY

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

British Virgin Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5.

SOLE VOTING POWER

 

6.

SHARED VOTING POWER

 

10,012,500 (1)

7.

SOLE DISPOSITIVE POWER

 

8.

SHARED DISPOSITIVE POWER

 

10,012,500 (1)

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

10,012,500 ordinary shares

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

68.17% (2)

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

CO

 

(1) Consists of 10,012,500 ordinary shares held directly by Golden Hill Capital Ltd. Phua Yong Pin and Phua Yong Tat are directors of Golden Hill Capital Ltd and each holds 50% of the voting and dispositive power over all shares held by Golden Hill Capital Ltd.

 

(2) This percentage is calculated based upon 14,687,500 ordinary shares outstanding, including (1) 13,250,000 ordinary shares as set forth in the Issuer’s prospectus filed with the Securities Exchange (the “SEC”) on October 1, 2024; and (2) 1,437,500 ordinary shares issued on October 2, 2024 as set forth in the exhibit in the Issuer’s 6-K filed with the SEC on October 2, 2024.

 

 

 

 

Cusip No. G45806 109 13G Page 3 of 8 Pages

 

1.

NAME OF REPORTING PERSONS

 

Phua Yong Pin

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

 

(a) ☐

(b) ☐

Not applicable

3.

SEC ONLY

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Singapore

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5.

SOLE VOTING POWER

 

 

6.

SHARED VOTING POWER

 

5,006,250 (1)

7.

SOLE DISPOSITIVE POWER

 

8.

SHARED DISPOSITIVE POWER

 

5,006,250 (1)

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,006,250 ordinary shares

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

34.09% (2)

12.

TYPE OF REPORTING PERSON

 

IN

 

(1) Consists of 50% of 10,012,500 ordinary shares held directly by Golden Hill Capital Ltd. Phua Yong Pin is one of two directors of Golden Hill Capital Ltd and holds 50% of the voting and dispositive power over all shares held by Golden Hill Capital Ltd.

 

(2) This percentage is calculated based upon 14,687,500 ordinary shares outstanding, including (1) 13,250,000 ordinary shares as set forth in the Issuer’s prospectus filed with the Securities Exchange (the “SEC”) on October 1, 2024; and (2) 1,437,500 ordinary shares issued on October 2, 2024 as set forth in the exhibit in the Issuer’s 6-K filed with the SEC on October 2, 2024.

 

 

 

 

Cusip No. G45806 109 13G Page 4 of 8 Pages

 

1.

NAME OF REPORTING PERSONS

 

Phua Yong Tat

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

 

(a) ☐

(b) ☐

Not applicable

3.

SEC ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Singapore

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5.

SOLE VOTING POWER

 

 

6.

SHARED VOTING POWER

 

5,006,250 (1)

7.

SOLE DISPOSITIVE POWER

 

 

8.

SHARED DISPOSITIVE POWER

 

5,006,250 (1)

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,006,250 ordinary shares

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

34.09% (2)

12.

TYPE OF REPORTING PERSON

 

IN

 

(1) Consists of 50% of 10,012,500 ordinary shares held directly by Golden Hill Capital Ltd. Phua Yong Tat is one of two directors of Golden Hill Capital Ltd and holds 50% of the voting and dispositive power over all shares held by Golden Hill Capital Ltd.

 

(2) This percentage is calculated based upon 14,687,500 ordinary shares outstanding, including (1) 13,250,000 ordinary shares as set forth in the Issuer’s prospectus filed with the Securities Exchange (the “SEC”) on October 1, 2024; and (2) 1,437,500 ordinary shares issued on October 2, 2024 as set forth in the exhibit in the Issuer’s 6-K filed with the SEC on October 2, 2024.

 

 

 

 

Cusip No. G45806 109 13G Page 5 of 8 Pages

 

Item 1(a). Name of Issuer:
  HomesToLife Ltd
   
Item 1(b). Address of Issuer’s Principal Executive Offices:
 

6 Raffles Boulevard, #02-01/02

Marina Square, Singapore 039594

   
Item 2(a). Name of Person Filing:
  Golden Hill Capital Ltd
  Phua Yong Pin
  Phua Yong Tat
   
Item 2(b). Address of Principal Business Office or, if none, Residence:
 

Address for (1) Golden Hill Capital Ltd, (2) Phua Yong Pin, and (3) Phua Yong Tat

 

229 Mountbatten Road

#03-44/45

Singapore 398007

   
Item 2(c). Citizenship:
  Golden Hill Capital Ltd – British Virgin Islands
  Phua Yong Pin – Singapore
  Phua Yong Tat – Singapore
   
Item 2(d). Title of Class of Securities:
  Ordinary Shares
   
Item 2(e). CUSIP Number:
  G45806 109
   
Item 3. If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
  (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);
  (b) Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
  (c) Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
  (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
  (e) An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
  (f) An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
  (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
  (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
  (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);
  (j) A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
  (k) Group, in accordance with § 240.13d-1(b)(1)(ii)(K).

 

 

 

 

Cusip No. G45806 109 13G Page 6 of 8 Pages

 

Item 4. Ownership:
  Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

Reporting Person  Amount
beneficially
owned:
   Percent
of
class:
   Sole power
to vote or
direct the
vote:
  

Shared
power to
vote or to
direct

the vote:

   Sole power to
dispose or to
direct the
disposition of:
  

Shared power
to dispose or to

direct the
disposition of:

 
Golden Hill Capital Ltd   10,012,500    68.17%                  10,012,500                    10,012,500 
Phua Yong Pin   5,006,250    34.09%        5,006,250         5,006,250 
Phua Yong Tat   5,006,250    34.09%        5,006,250         5,006,250 

 

Item 5. Ownership of Five Percent or Less of a Class:
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐.
   
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. G45806 109 13G Page 7 of 8 Pages

 

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: October 9, 2024
     
  Golden Hill Capital Ltd
     
  By: /s/ Phua Yong Tat
  Name: Phua Yong Tat
  Title: Director
     
  Phua Yong Pin
     
  /s/ Phua Yong Pin
     
  Phua Yong Tat
     
  /s/ Phua Yong Tat

 

 

 

 

Cusip No. G45806 109 13G Page 8 of 8 Pages

 

LIST OF EXHIBITS

 

Exhibit No.   Description
1   Joint Filing Agreement

 

 

 

 

Exhibit 1

 

Joint Filing Agreement

 

Pursuant to Rule 13d-1(k)(l) promulgated pursuant to the Securities Exchange Act of 1934, as amended, the undersigned agree that the attached Schedule 13G is being filed on behalf of each of the undersigned.

 

October 9, 2024 Golden Hill Capital Ltd
   
  By: /s/ Phua Yong Tat
    Director
     
October 9, 2024 Phua Yong Pin
     
  /s/ Phua Yong Pin
     
October 9, 2024 Phua Yong Tat
     
  /s/ Phua Yong Tat

 

 

 


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