STBX StarBox Group Holdings Ltd

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G/A

 

Under the Securities Exchange Act of 1934

(Amendment No.1 )*

 

Starbox Group Holdings Ltd.

(Name of Issuer)

 

Ordinary shares, par value $0.001125 per share

(Title of Class of Securities)

 

G8437S115

(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. G8437S115

Page 1 of 6

 

1.	Names of Reporting Persons EVL Corporation Limited
2.	Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
3.	SEC Use Only
4.	Citizenship or Place of Organization Hong Kong

Number of Shares Beneficially Owned by Each Reporting Person With:	5.	Sole Voting Power 0
	6.	Shared Voting Power 3,600,000*
	7.	Sole Dispositive Power 0
	8.	Shared Dispositive Power 3,600,000*

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 3,600,000*
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
11.	Percent of Class Represented by Amount in Row (9) 4.3%**
12.	Type of Reporting Person FI

 

*	Represents ordinary shares held by EVL Corporation Limited. as of December 31, 2023.

 

**	Percentage of class is calculated based on 84,004,984 ordinary shares outstanding as of December 31, 2023, which information was provided by the Issuer to the Reporting Persons on December 31, 2023.

 

This filing constitutes an exit filing as the reporting person has ceased to be the beneficial owner of more than 5 percent of the referenced class of securities.

 

 

CUSIP No. G8437S115

Page 2 of 6

 

1.	Names of Reporting Persons. Chen Han-Chen
2.	Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
3.	SEC Use Only
4.	Citizenship or Place of Organization Republic of China

Number of Shares Beneficially Owned by Each Reporting Person With:	5.	Sole Voting Power 0
	6.	Shared Voting Power 3,600,000*
	7.	Sole Dispositive Power 0
	8.	Shared Dispositive Power 3,600,000*

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 3,600,000*
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
11.	Percent of Class Represented by Amount in Row (9) 4.3%**
12.	Type of Reporting Person IN

 

*	Represents ordinary shares indirectly held by Chen Han-Chen through EVL Corporation Limited. as of December 31, 2023.

 

**	Percentage of class is calculated based on 84,004,984 ordinary shares outstanding as of December 31, 2023, which information was provided by the Issuer to the Reporting Persons on December 31, 2023.

 

This filing constitutes an exit filing as the reporting person has ceased to be the beneficial owner of more than 5 percent of the referenced class of securities.

 

 

CUSIP No. G8437S115

Page 3 of 6

 

ITEM 1.

 

(a) Name of Issuer: Starbox Group Holdings Ltd.

 

(b) Address of Issuer’s Principal Executive Offices: VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, 55100 Kuala Lumpur, Malaysia

 

ITEM 2.

 

2(a) Name of Person Filing:

EVL Corporation Limited

Chen Han-Chen

 

The shares reported herein are directly held by EVL Corporation Limited. Chen Han-Chen is the sole shareholder of EVL Corporation Limited. Accordingly, Chen Han-Chen may be deemed to indirectly beneficially own the securities of the Issuer held by EVL Corporation Limited.

 

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

Address of EVL Corporation Limited: Unit 2912, 29/F., Metroplaza Tower 2, 223 Hing Fong Road, Kwai Chung New Territories, Hong Kong

Business address of Chen Han-Chen: Unit 2912, 29/F., Metroplaza Tower 2, 223 Hing Fong Road, Kwai Chung New Territories, Hong Kong

 

2(c) Citizenship:

EVL Corporation Limited: Hong Kong

Chen Han-Chen: Republic of China

 

2(d) Title of Class of Securities:

Ordinary shares, par value $0.001125 per share

 

2(e) CUSIP Number:

G8437S115

 

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. G8437S115

Page 4 of 6

 

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 five percent of the class of securities, check the following. ☒

 

As of December 31, 2023, EVL Corporation Limited and Chen Han-Chen had ceased to be the beneficial owners of more than five percent of the Issuer’s shares.

 

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. G8437S115

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: February 13, 2024

 

	By:	/s/ Chen Han-Chen
	Name:	Chen Han-Chen

 

	EVL Corporation Limited
	By:	/s/ Chen Han-Chen
	Name:	Chen Han-Chen
	Title:	Director

 

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. G8437S115

Page 6 of 6

 

LIST OF EXHIBITS

 

Exhibit No.		Description
99.1		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$0.001125 per share, of Starbox Group Holdings Ltd., 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 February 13, 2024.

 

	EVL Corporation Limited
	/s/ Chen Han-Chen
	Name: Chen Han-Chen
	Title: Director
	/s/ Chen Han-Chen
	Name: Chen Han-Chen

 

 

---