On November 18, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on November 18, Capital Realm Financial Holdings Limited increased its shareholding on October 24 at an average price of HKD 0.4915 per share.$ICONCULTURE (08500.HK)$6 million shares of ordinary shares, valued at approximately HKD 2.949 million. After the increase, the latest shareholding number of Capital Realm Financial Holdings Limited is 0.115 billion shares, and the good warehouse ratio has increased from 25.25% to 26.64%.
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.