It was reported on December 29 that according to documents disclosed by the Hong Kong Stock Exchange on December 29, Tai Wah (BVI) Holdings Limited increased its holdings at an average price of HK$3.5 per share on December 27$BOARDWARE INTEL (01204.HK)$268,000 common shares worth approximately HK$938,000. After the increase in holdings, Tai Wah (BVI) Holdings Limited's latest shareholding was 315 million shares, and the good position ratio rose from 62.97% to 63.02%.
This transaction involves other related parties: Wong Pui Fan and Chow Ka-chun.
Additional information: On 27 December 2023, Tai Wah (BVI) Holdings Limited acquired 268,000 shares of the Company on the open market.What is disclosure of interests?
As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of shares) are required to disclose their share interests in listed companies. The directors and chief executives of a listed company are required to disclose their interests in shares and debentures in the listed company and companies associated with 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 interest in shares of listed companies, and (2) persons who may benefit from transactions involving linked entities of listed companies.