On November 26, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on November 26, Lin Weihua increased his shareholding on November 25 at an average price of HKD 1.0193 per share.$TRULY INT'L (00732.HK)$1.06 million ordinary shares were added, valued at approximately HKD 1.0805 million. After the increase, Lin Weihua's latest shareholding count is 1.66 billion shares, with the holding ratio rising from 52.49% to 52.53%.
This trade involves other related parties: Zhong Qiongqi and Lin Weihua.
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.
