According to the documents disclosed by Hong Kong Stock Exchange on September 13th, Graymind Investments Limited increased its shareholding on September 12th at an average price of HKD 0.1614 per share.$BOJUN EDU (01758.HK)$Graymind Investments Limited acquired a total of 14.032 million ordinary shares, with a total value of approximately HKD 2.2648 million. After the shareholding increase, the latest holding of Graymind Investments Limited is 0.144 billion shares, and the shareholder ratio has increased from 14.41% to 15.97%.
This transaction involves other related parties: Tang Hui.
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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.