It was reported on April 3 that according to documents disclosed by the Hong Kong Stock Exchange on April 3, Ever Media Limited increased its holdings at an average price of HK$1.0018 per share on March 28$LIPPO CHINA RES (00156.HK)$2.75 million common shares worth approximately HK$2.755 million. After the increase in holdings, Ever Media Limited's latest shareholding was 56.6818 million shares, and the good position ratio increased from 5.21% to 5.51%.
The transaction involved other related parties: Four Seas Mercantile Holdings Limited, Four Seas Enterprises (BVI) Limited, Dai Defeng, and Hu Meirong.
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?
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