On December 9, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on December 9, Lin Weihua increased his Shareholding at an average price of HKD 1.1078 per share on December 6.$TRULY INT'L (00732.HK)$2.05 million shares of common stock, worth approximately HKD 2.271 million. After the increase, Lin Weihua's latest number of shares held is 1.669 billion shares, with a good warehouse ratio rising from 52.72% to 52.79%.
This Trade involves Other related parties: Zhong Qiongqi and Lin Weihua.
What is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more) must disclose their shareholdings in the listed company. Directors and senior executives of the listed company must disclose their equity interests in the listed company and any related companies.
Why is equity disclosure important?
Equity disclosure allows investors to identify (1) persons who control or have the ability to control the equity interests in the listed company, and (2) persons who may benefit from transactions involving entities related to the listed company.
