According to the files disclosed by the Hong Kong Stock Exchange on June 17th, LEON CORNERSTONE INVESTMENT HOLDING LIMITED increased its shareholding on June 12th at an average price of HKD 1.4137 per share, acquiring 216,000 common shares with a total value of approximately HKD 305,400. After the purchase, the latest shareholding number of LEON CORNERSTONE INVESTMENT HOLDING LIMITED increased to 197 million shares, and the warehouse ratio increased from 36.37% to 36.41%.$LEON INSPECTION (01586.HK)$216,000 common shares were acquired by LEON CORNERSTONE INVESTMENT HOLDING LIMITED at an average price of HKD 1.4137 per share on June 12, worth about HKD 305,400. After the acquisition, the latest number of shares held by LEON CORNERSTONE INVESTMENT HOLDING LIMITED is 197 million shares, and the size of the position has increased from 36.37% to 36.41%.
This transaction involves other related parties: Li Xiangli.
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.
