Filing Details

Accession Number:
0001493152-18-005738
Form Type:
13D Filing
Publication Date:
2018-04-25 08:23:02
Filed By:
China South Telecom Group Co Ltd
Company:
Rito Group Corp.
Filing Date:
2018-04-25
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
China South Telecom Group Company Limited 11. 100,000 0.18%
Filing

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

(Amendment No. ________)*

 

Rito Group Corp.

(Name of Issuer)

 

Common Stock, par value $0.0001

(Title of Class of Securities)

 

767788102

(CUSIP Number)

 

China South Telecom Group Company Limited

Unit 2106, 21/F, Sino Favour Centre,

1 On Yip Street, Chai Wan, Hong Kong

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

June 8, 2015

(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [  ]

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

* 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 disclosures provided in a prior cover page.

 

The information required on 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. 767788102 13D Page 2 of 4 Pages

 

1.   NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
China South Telecom Group Company Limited
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) [  ]
(b) [  ]
3.   SEC USE ONLY
 
4.   SOURCE OF FUNDS (see instructions)
 
AF
5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [  ]

 

6.   CITIZENSHIP OR PLACE OF ORGANIZATION
 
Hong Kong
  7.   SOLE VOTING POWER
       
NUMBER OF    

100,000

SHARES 8.   SHARED VOTING POWER
BENEFICIALLY      
OWNED BY 9.   SOLE DISPOSITIVE POWER
EACH      
REPORTING    

100,000

PERSON WITH 10.   SHARED DISPOSITIVE POWER
       
11.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

100,000
12.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) [  ]
     
13.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

0.18%
14.   TYPE OF REPORTING PERSON (see instructions)

CO

 

 

 

CUSIP No. 767788102 13D Page 3 of 4 Pages

 

Item 1. Security and Issuer.

 

This statement on Schedule 13D relates to the common stock, $0.0001 par value (the “Common Stock”), of Rito Group Corp., a Nevada corporation (the “Issuer”). The address of the Issuer’s principal executive offices is Room 6C, 4/F, Block C, Hong Kong Industrial Centre, 489 Castle Peak Road, Lai Chi Kok, Hong Kong.

 

Item 2. Identity and Background.

 

(a) This statement is being filed by China South Telecom Group Company Limited, a Hong Kong Corporation (the “Reporting Person”).

 

(b) The Reporting Person’s business address is Unit 2106, 21/F, Sino Favour Centre, 1 On Yip Street, Chai Wan, Hong Kong.

 

(c) China South Telecom Group Company Limited is a corporation that is engaged in the business of investment holding company.

 

(d) The Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

 

(e) The Reporting Person has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction or subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws.

 

(f) The Reporting Person is formed in Hong Kong.

 

Item 3. Source or Amount of Funds or Other Consideration.

 

The Reporting Person acquired 17,500,000 shares of Common Stock from the Reporting Person on June 8, 2015, with consideration of $1,750.

 

The Reporting Person sold 11,400,000 shares of Common Stock to the Reporting Person on April 24, 2018, with consideration of $6,552.

 

The Reporting Person sold 6,000,000 shares of Common Stock to three non-Reporting Person on April 24, 2018, with consideration of $3,448.

 

This Schedule 13D relates to Reporting Person’s acquisitions since the inception of the Issuer.

 

Item 4. Purpose of Transaction.

 

The purpose of the transaction in Item 3 was to change the form of ownership of such shares of Common Stock.

 

Item 5. Interest in Securities of the Issuer.

 

(a) Mr. Wong To and Mr. Huang Jinwang are the shareholders and directors of the Reporting Person, are the beneficial owner of the 100,000 Shares, or approximately 0.18% of the Shares outstanding.

 

(b) The Reporting Person has sole voting and dispositive power with respect to the 100,000 shares beneficially owned by it.

 

(c) Except as set forth in Item 3, none of the Reporting Persons has effected any transactions in the Common Stock during the past 60 days.

 

(d) Not applicable.

 

(e) Not applicable.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 

There are no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Person and any person with respect to any securities of the Issuer, including but not limited to transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

 

Item 7. Material to Be Filed as Exhibits.

 

N/A

 

 
 

 

CUSIP No. 767788102 13D Page 4 of 4 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.

 

  China South Telecom Group Company Limited
   
 

/s/ Wong To

  Wong To
   
 

Director

  Title
   
 

April 25, 2018

  Date