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百乐皇宫(02536.HK)的相联法团获邱达昌增持172.1万股普通股股份,价值约211.94万港元

The union of Baile Palace (02536.HK) received a shareholding of 1.721 million ordinary shares from Yiu Tat Cheung, worth approximately 2.1194 million Hong Kong dollars.

Futu News ·  Oct 4 17:04

According to the documents disclosed by the Hong Kong Stock Exchange on October 4, Qiu Dachang increased his shareholding on October 2 at an average price of HK$1.2315 per share.$PALASINO (02536.HK)$Far East Consortium International Limited, Qiu Dachang increased his shareholding by 1.721 million ordinary shares, valued at approximately HK$2.1194 million. After the increase, Qiu Dachang's latest shareholding in the consortium is 1.542 billion shares, with a warehouse ratio rising from 54.68% to 54.74%.

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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.

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