On November 27, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on November 27, Cedarwood Ventures Limited increased its shareholding in the over-the-counter market at an average price of 0.4 HKD per share on November 26.$CAPITAL ESTATE (00193.HK)$11.5724 million shares of ordinary stock were purchased, valued at approximately 4.6289 million HKD. After the increase, Cedarwood Ventures Limited's latest number of shares held is 58.7557 million shares, with the shareholding ratio rising from 24.28% to 30.23%.
This transaction involves other related parties: Xiao Lina.
Additional information: On 26 November 2024, CEDARWOOD VENTURES LIMITED (as offeror) received valid acceptances for 11,572,353 shares in Capital Estate Limited under the mandatory general offer in respect of the outstanding issued shares of Capital Estate 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.