Reported on September 25th, according to the documents disclosed by the Hong Kong Stock Exchange on September 25th, Super Arena Limited increased its shareholding outside the market on September 24 at an average price of HK$0.073 per share.$PRIME INTEL (08379.HK)$21.8 million ordinary shares, worth approximately HK$1.5914 million. After the shareholding increase, Super Arena Limited's latest shareholding quantity is 0.21 billion shares, and the good warehouse ratio has increased from 23.50% to 26.22%.
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.
