It was reported on February 15 that according to documents disclosed by the Hong Kong Stock Exchange on February 15, Goldbond Group Holdings Limited increased its OTC holdings at an average price of HK$0.38 per share on February 9$RONGZHONG FIN (03963.HK)$1,502 million common shares worth approximately HK$578,800. After the increase in holdings, Goldbond Group Holdings Limited's latest shareholding was 340 million shares, and the good position ratio rose from 57.28% to 57.53%.
This transaction involves other related parties: Guo Yongshan, Wong Yat-yi, Wong Yu-lung, Wong Fan Bichen, and Wong Yue-yi.
Additional information: On 9 February 2024, Goldbond Group Holdings Limited received an acceptance in respect of a total of 1,502,000 Offer Shares under the Share Offer.What is disclosure of interests?
As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies. The directors and top executives of a listed company must disclose their interest in shares and debentures of the listed company and the company 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.