Reported on October 3rd, according to the documents disclosed by the Hong Kong Stock Exchange on October 3rd, Ever Media Limited increased their shareholding on September 30th at an average price of 0.9289 Hong Kong dollars per share.$LIPPO CHINA RES (00156.HK)$Ever Media Limited acquired 4.068 million ordinary shares, valued at approximately 3.7788 million Hong Kong dollars. After the increase, Ever Media Limited's latest shareholding amount is 59.4538 million shares, with a warehouse ratio rising from 6.02% to 6.47%.
This trade involves other related parties: Deloitte, Four Seas Enterprises (BVI) Limited, Hu Meirong, and Four Seas Mercantile 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.
