Reported on November 12th, according to the documents disclosed by the Hong Kong Stock Exchange on November 12th, Three D Partners Limited increased their shareholding on November 8th, with an average price of 3.7788 Hong Kong dollars per share.$NEWBORNTOWN (09911.HK)$0.526 million shares of common stock were acquired by Three D Partners Limited, worth approximately 1.9876 million Hong Kong dollars. After the increase in shareholding, Three D Partners Limited's latest number of shares held is 61.3444 million shares, and the position ratio has increased from 5.10% to 5.14%.
This trade involves other related parties: TMF Trust (HK) Limited.
Additional information: 526,000 shares were acquired by Three D Partners 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.
