Reported on October 14th, according to the documents disclosed by the Hong Kong Stock Exchange on October 14th, ASM Connaught House (Master) Fund V LP increased its shareholding on October 8th at an average price of 9.4 Hong Kong dollars per share.$AQUILA ACQ-Z (07836.HK)$0.525 million shares of common stock, worth approximately 4.935 million Hong Kong dollars. After the shareholding increase, ASM Connaught House (Master) Fund V LP's latest number of shares held is 5.145 million, and the holding ratio has increased from 4.62% to 5.14%.
This trade involves other related parties: ASMH (Cayman) Limited, Argyle Street Management Holdings Limited, ASM Connaught House General Partner V Limited, and Chen Jian.
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.