On November 18, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on November 18, Li Zeju increased his shareholding on November 15 at an average price of HKD 31.6478 per share.$CK ASSET (01113.HK)$He bought 0.844 million shares of ordinary stock, valued at approximately HKD 26.7107 million. After the shareholding increase, Li Zeju's latest number of shares held is 1.702 billion shares, and the proportion of good positions rose from 48.60% to 48.62%.
Supplementary Information: Boxes 27 & 32: Certain discretionary trusts (whose discretionary beneficiaries include, among others, Li Tzar Kuoi, Victor ("VL"), his wife & children, Li Tzar Kai, Richard) hold units in certain unit trusts but are not entitled to any particular unit trust assets. VL indirectly owns 2/3 of the issued share capital of trustee companies which, as trustees of these trusts along with companies controlled by them, hold 1,328,696,745 shares independently from VL as shareholder of trustee companies.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.