According to the documents disclosed by the Hong Kong Stock Exchange on November 27, Super Date Co., Ltd increased its shareholding on November 22 through an over-the-counter trade at an average price of 0.3055 Hong Kong dollars per share.$VERTICAL INT'L (08375.HK)$0.188 billion ordinary shares were acquired, worth approximately 57.4798 million Hong Kong dollars. After the increase, Super Date Co., Ltd's latest shareholding is 0.188 billion shares, with the good warehouse ratio increasing from 0.00% to 65.33%.
This trade involves other related parties: Guo Fan and Jiang Caiyun.
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.
