According to the document disclosed by the Hong Kong Stock Exchange on June 20th, Zhongjia U-Home Investment Limited increased its shareholding on June 19th at an average price of HKD 0.1974 per share.$MEILLEUREHEALTH (02327.HK)$it bought 3 million shares of common stock for about HKD 592,200. After the increase, the latest number of shares held by Zhongjia U-Home Investment Limited is 735 million, and the warehouse-to-warehouse ratio has increased from 17.87% to 17.95%.
Other related parties involved in this transaction: Zhou Xuzhou and Shunda Investment Limited.
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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.