On June 14, according to a document disclosed by the Hong Kong Stock Exchange, Henderson Sunlight Asset Management Limited increased its shareholding on June 11 at an average unit price of HKD 1.7729 per unit.$Sunlight Real Estate Investment Trust (00435.HK)$The fund value of 700,000 units is approximately HKD 1.241 million. After the shareholding increase, the latest number of fund units held by Henderson Sunlight Asset Management Limited increased to 221 million, and the good position ratio increased from 12.88% to 12.92%.
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.