On May 8, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 8, Keyview Ventures Limited increased its OTC holdings at an average price of HK$0.052 per share on May 6$WINNING TOWER (08362.HK)$745,000 common shares worth approximately HK$38,700. After the increase in holdings, Keyview Ventures Limited's latest shareholding was 1,051 million shares, and the good position ratio increased from 75.00% to 75.05%.
This transaction involves other related parties: Ou Honglian and Zhong Yuhua.
Additional information: On 6 May 2024, Mr. Zhong Yuhua, Ms. Ou Honglian, Mr. Zhong Juzhi and Mr. Zhong Rongzhi has received three valid acceptances in respect of a total of 745,000 offer shares under the offer . For further information, please refer to the Joint Offerings made by Mr. Zhong Yuhua, Ms. Ou Honglian, Mr. Zhong Juzhi, Mr. Zhong Rongzhi and Winning Tower Group Holdings Limited announced 6 May 2024.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.