Reported on October 23, according to the documents disclosed by the Hong Kong Stock Exchange on October 23, Trinity Elite I International Limited increased its shareholding to an average price of 2.5578 Hong Kong dollars per share on October 18.$JENSCARE-B (09877.HK)$2.4762 million H shares, valued at approximately 6.3336 million Hong Kong dollars. After the increase in shareholding, Trinity Elite I International Limited's latest number of shares held is 19.9042 million shares, and the good warehouse ratio has increased from 5.62% to 6.41%.
This trade involves other related parties: Trident Trust Company (HK) Limited.
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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.