Reported on November 28, according to the documents disclosed by the Hong Kong Stock Exchange on November 28, Royce Lo increased shareholding on November 25 at an average price of HK$1.7019 per unit.$CHAMPION REIT (02778.HK)$1.039 million fund units, valued at approximately HK$1.7683 million. After the shareholding increase, Royce Lo's latest holding position is 4.286 billion fund units, and the quality holding ratio has increased from 70.46% to 70.48%.
Supplementary information: Box 27 2501 Other - in the capacity of Settlor and a Member of the Advisory Committee and Management Committee of a Charitable Trust.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.