Reported on June 19th, according to documents disclosed by the Hong Kong Stock Exchange on June 19th, Masan Multi Strategy Fund SPC - Masan HK Equity Fund SP increased its shareholding on June 18th at an average price of HKD 0.345 per share. $SMART CITY DEV (08268.HK)$They acquired 2 million ordinary shares, worth approximately HKD 690,000. After the shareholding increase, Masan Multi Strategy Fund SPC - Masan HK Equity Fund SP's latest shareholding number is 39,715,200 shares, and the good warehouse ratio has increased from 15.71% to 16.54%.
This transaction involves other related parties: Masan Capital Limited and Top Lion International Limited.
Masan Capital Limited is the fund manager of Masan Multi Strategy Fund SPC.
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.
