According to the documents disclosed by the Hong Kong Stock Exchange on September 4th, Guangken Rubber (Singapore) Pte. Ltd. increased its off-exchange shareholding by an average price of HK$0.156 per share on September 3rd.$HUA LIEN INT'L (00969.HK)$Guangken Rubber (Singapore) Pte. Ltd. increased its shareholding to 0.27 billion ordinary shares, with a value of approximately HK$42.1183 million. After the increase, the latest shareholding of Guangken Rubber (Singapore) Pte. Ltd. is 0.27 billion shares, and the warehouse ratio has increased from 0.00% to 12.32%.
This trade involves other related parties: Guangdong Agriculture and Reclamation Group Co., Ltd.
Supplementary information: September 3, 2024 is the last date for sending stock payment according to the valid acceptance of the comprehensive offer. For the results of the comprehensive offer, please refer to the joint announcement issued by Guangken Rubber (Singapore) Pte. Ltd. and Hua Lien International on August 23, 2024.
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.
