According to the documents disclosed by the Hong Kong Stock Exchange on July 5th, GDH LIMITED increased its shareholding on June 28th at an average price of HKD 4.5541 per share.$GUANGDONG INV (00270.HK)$21.13 million ordinary shares were worth approximately HKD 96.2281 million. After the increase, GDH LIMITED's latest shareholding was 3.809 billion shares, and the warehouse-to-warehouse ratio increased from 57.94% to 58.26%.
Other related parties involved in this transaction: Guangdong Holdings Limited.
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.