According to documents disclosed by the Hong Kong Stock Exchange on June 21, Alba Holdings Limited increased its shareholding on June 20 at an average price of HKD 4.851 per share, purchasing 70,000 ordinary shares worth approximately HKD 339,600. After the shareholding increase, the latest shareholding of Alba Holdings Limited increased from 23.18% to 23.19%, with a total of 87,812,300 shares.$LIU CHONG HING (00194.HK)$
This transaction involves other related parties: Liao Liezhi.
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.