As reported on December 5, according to the documents disclosed by the Hong Kong Stock Exchange on December 5, Nan Yu increased its shareholding on November 29 at an average price of HK$0.28 per share.$SYNERTONE (01613.HK)$29.6704 million ordinary shares, worth approximately HK$8.3077 million. After the shareholding increase, Nan Yu's latest number of shares held is 29.6704 million shares, and the good warehouse ratio has increased from 0.00% to 6.61%.
Additional information: The completion of the Company's share subscription under a general mandate occurred on November 29, 2024. Infinity Holding Resources Limited (in which I hold 40%) subscribed to 74,176,000 new shares of the Company.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.