On November 15, according to documents disclosed by the Hong Kong Stock Exchange on November 15, Masan Multi Strategy Fund SPC - Masan HK Equity Fund SP increased its holdings by HK$0.305 per share on November 14 at an average price of HK$0.305 per share$CORNERSTONE FIN (08112.HK)$4.968 million common shares, with a value of approximately HK$1,5152,000. After the increase in holdings, the latest number of shares held by Masan Multi Strategy Fund SPC - Masan HK Equity Fund SP was 57.672 million shares, and the good position ratio rose from 22.97% to 25.13%.
This transaction involves other related parties: Masan Capital Limited and Top Lion International 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.