On November 14, according to documents disclosed by the Hong Kong Stock Exchange on November 14, Masan Multi Strategy Fund SPC - Masan HK Equity Fund SP increased its holdings by HK$0.4049 per share on November 13 at an average price of HK$0.4049 per share$SMART CITY DEV (08268.HK)$2 million common stock shares, worth approximately HK$809,800. After the increase in holdings, the latest number of shares held by Masan Multi Strategy Fund SPC - Masan HK Equity Fund SP was 37.7152 million shares, and the good position ratio rose from 14.88% to 15.71%.
This transaction involves other related parties: Top Lion International Limited and Masan Capital Limited.
Additional information: Masan Capital Limited is the fund manager of Masan Multi Strategy Fund SPCWhat is disclosure of interests?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their shareholding interests in listed companies. The directors and top executives of a listed company are required to disclose their interests in the shares and debentures of the listed company and companies linked to the listed company.
Why is disclosure of interests important?
Disclosure of interests allows investors to identify (1) persons who control or are capable of controlling the stock interests of listed companies, and (2) persons who may benefit from transactions involving linked entities of listed companies.