Reported on November 20th, according to the documents disclosed by the Hong Kong Stock Exchange on November 20th, Anchor @ 65 Pte. Ltd. increased its off-exchange shareholding on November 16th at an average price of $1.34 per share.$TUYA-W (02391.HK)$Anchor @ 65 Pte. Ltd. increased its holding by 74.6269 million common shares, worth approximately $0.1 billion. After the increase, Anchor @ 65 Pte. Ltd.'s latest shareholding is 74.6269 million shares, and the stake ratio has risen from 0.00% to 14.80%.
This trade involves other related parties: Anchor Fund @ 65 Limited Partnership, Temasek Holdings (Private) Limited, and Anchor GP Pte. Ltd.
Supplementary information: On November 16, 2024, Anchor V Pte. Ltd. entered into a share purchase agreement to acquire a total of 74,626,900 class A ordinary shares in Tuya Inc. from New Enterprise Associates 14, L.P. and NEA 15 Opportunity Fund, L.P. for a total consideration of US$100,000,046.00.
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.
