It was reported on February 21 that according to documents disclosed by the Hong Kong Stock Exchange on February 21, Goldbond Group Holdings Limited increased its OTC holdings at an average price of HK$0.38 per share on February 15$RONGZHONG FIN (03963.HK)$741,000 common shares worth approximately HK$281,600. After the increase in holdings, Goldbond Group Holdings Limited's latest shareholding was 349 million shares, and the good position ratio rose from 59.04% to 59.17%.
This transaction involves other related parties: Huang Rulong, Guo Yongshan, Wong Fan Bichen, Wong Yat-yee, and Wong Yue-yi.
Additional information: On 15 February 2024, Goldbond Group Holdings Limited received an acceptance in respect of a total of 741,000 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.