According to documents disclosed by the Hong Kong Stock Exchange on June 6, DAVID MICHAEL WEBB increased his shareholding on May 31 at an average price of HKD 0.6086 per share.$BAGUIO GREEN (01397.HK)$He acquired 172,000 ordinary shares worth about HKD 104,700. After the increase, DAVID MICHAEL WEBB's latest shareholding was 24.924 million shares, and his good warehouse ratio increased from 5.96% to 6.00%.
Supplementary Information: This is not just a worthless business.What is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the company's shares) must disclose their shareholding in the listed company. Directors and senior executives of the listed company must disclose their shareholding and equity certificate rights in the listed company and any related companies.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) individuals who control or have the ability to control the shareholding of the listed company and (2) individuals who may benefit from transactions involving entities related to the listed company.