Reported on November 29th, according to the documents disclosed by the Hong Kong Stock Exchange on November 29th, China Mark Limited increased their off-exchange shareholding on November 26th at an average price of 0.1094 Hong Kong dollars per share.$COURAGE INV (01145.HK)$China Mark Limited acquired 0.316 billion shares of common stock, worth approximately 34.5693 million Hong Kong dollars. After the shareholding, the latest number of shares held by China Mark Limited is 0.316 billion shares, and the holding ratio has increased from 0.00% to 28.79%.
This trade involves other related parties: Liu Saigan.
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.
