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Thursday, 05/31/2018 1:12:28 PM

Thursday, May 31, 2018 1:12:28 PM

Post# of 5754
PVNC~~Effective May 30, 2018, a change of control occurred with respect to the Prevention Insurance.com (“Company”). Pursuant to a Stock Purchase Agreement entered into by and among Chee Chow Teow, EE Meng Teow and Wooi Huat Teow ("Sellers"); and Metrowork Equity Sdn. Bhd., a Malaysian company (" Metrowork "), Metrowork acquired from Sellers all of the shares of common stock held by the Sellers in the Company (“Acquired Shares”) as indicated in the following table;



Seller Amount of Acquired Shares
Chee Chow Teow 3,351,013
EE Meng Teow 3,351,013
Wooi Huat Teow 8,936,058


The Acquired Shares total 15,638,084 shares of Company common stock or 70% of the total issued and outstanding shares of the Company. Our sole officer and director, Mr. Chee Chau Ng, is the sole shareholder and officer of Metrowork.



The following table sets forth certain information regarding the beneficial ownership of our Common Stock as of the date of this report by (i) each named executive officer, (ii) each member of our Board of Directors, (iii) each person deemed to be the beneficial owner of more than five percent (5%) of any class of our common stock, and (iv) all of our executive officers and directors as a group.



Unless otherwise indicated, each person named in the following table is assumed to have sole voting power and investment power with respect to all shares of our common stock listed as owned by such person. The address of each person is deemed to be the address of the issuer unless otherwise noted. The percentage of common stock held by each listed person is based on 22,340,081 shares of Common Stock outstanding as of the date of this report. Pursuant to Rule 13d-3 promulgated under the Exchange Act, any securities not outstanding which are subject to warrants, rights or conversion privileges exercisable within 60 days are deemed to be outstanding for purposes of computing the percentage of outstanding securities of the class owned by such person but are not deemed to be outstanding for the purposes of computing the percentage of any other person.



Name of Beneficial Owner Amount and Nature of Beneficial Owner Percent of Class

Officers and Directors

Chee Chau Ng(1) 15,638,084 70 %
All officers and directors as a group (1 individual) 15,638,084 70 %

Greater than 10% Shareholders

Metrowork Equity Sdn. Bhd (1) 15,638,084 70 %


(1). Mr. Chee Chau Ng, our sole officer and director, is the sole shareholder and officer of Metrowork Equity Equity Sdn. Bhd (“Metrowork”) and is deemed the beneficial owners of the shares of common stock held by Metrowork.





2




SIGNATURE



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



PREVENTION INSURANCE.COM
(Registrant)

/s/ Chee Chau Ng
Chee Chau Ng
Chief Executive Officer


Date: May 30, 2018

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