Reported on September 19, according to the documents disclosed by the Hong Kong Stock Exchange on September 19, Super Arena Limited increased its shareholding off the market on September 10 with an average price of 0.097 Hong Kong dollars per share.$PRIME INTEL (08379.HK)$37.4 million shares of common stock, worth approximately 3.6278 million Hong Kong dollars. After the shareholding, Super Arena Limited's latest number of shares held is 0.188 billion shares, and the good warehouse ratio has increased from 18.82% to 23.50%.
This trade involves other related parties: Wu Rong.
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.
